• DR. KOMAL SINGH

GST is one of the most sought reforms in Indian economy. Present paper is concerned with the opportunities and challenges related to GST in its way from parliament to people. Passage of the Constitution Amendment bill on the GST was a great moment for Indian democracy and federalism. First considered almost 30 years ago, GST once implemented, expected to do away with multiple indirect taxes, make the economy more effective and transform the country into single market, which at present divided into 30 different markets of 29 states and 1 center. However, there are various issues pertaining to the remaining gaps in the proposed structure as well as the consequences expected from those anomalies. Therefore, this paper is the study of both the sides of the coin. The paper divided into three sections related to the introduction as first part, opportunities fostered as the seconds and the third part related to the challenges coming its way. Secondary data will be used for the purpose.

GST, Indirect tax, Business, Economy

"VARIOUS FACETS OF NEW TAX REFORM IN INDIA: THE GST", International Journal of Emerging Technologies and Innovative Research (www.jetir.org), ISSN:2349-5162, Vol.6, Issue 4, page no.746-755, April-2019, Available :http://www.jetir.org/papers/JETIR1904T97.pdf

"VARIOUS FACETS OF NEW TAX REFORM IN INDIA: THE GST", International Journal of Emerging Technologies and Innovative Research (www.jetir.org | UGC and issn Approved), ISSN:2349-5162, Vol.6, Issue 4, page no. pp746-755, April-2019, Available at : http://www.jetir.org/papers/JETIR1904T97.pdf