• Ravi Raushan

In the era of globalisation, the emerging Indian economy cannot remain behind in bringing the Indirect Tax Reforms for the faster growth of the economy, for increasing the tax revenue of the nation, to attract more foreign investment and to make the country a business-friendly environment. It took 17 years to implement since its first initiative during 2000. With the subsuming of various central and state indirect taxes levied before, it is being able to bring one uniform tax system for the whole country and unifying the whole market of the country. It has been expected to give a number of benefits to the nation’s economy, to the producers of goods and providers of services and to various middlemen in the chain of marketing and distribution of goods and services and finally to the ultimate consumers. There are various challenges in the successful implementation of the GST in the country. There is a need of sincere cooperation from all aspects of the economy and systematic monitoring and periodical review so that it should not give any adverse impact to the whole economy of the country.

Goods and Services Tax, Indirect Tax, Indirect Tax Reforms, Indian Economy.

"GST in India – An Analytical Study", International Journal of Emerging Technologies and Innovative Research (www.jetir.org), ISSN:2349-5162, Vol.5, Issue 8, page no.781-783, August-2018, Available :http://www.jetir.org/papers/JETIR1809A18.pdf

"GST in India – An Analytical Study", International Journal of Emerging Technologies and Innovative Research (www.jetir.org | UGC and issn Approved), ISSN:2349-5162, Vol.5, Issue 8, page no. pp781-783, August-2018, Available at : http://www.jetir.org/papers/JETIR1809A18.pdf