• Dr.Savitha.P

Abstract: The study has thrown light upon implementation of GST in a developing country like India. Which has laid the foundation for the complete reform in the indirect tax system. As observed in the study GST has replaced the multiple indirect taxation which was levied on different goods and services. Different types of GST are been discussed such as CGST, SGST, UTGST and IGST. The GST collections in the year 2019-2020 and 2020-2021 in terms of crores for both the financial year have also been shown in the study. Tax laws before implementing the GST has been highlighted in the study. The existing tax system for different services had separate rates, before the GST. So, it can be said that GST has eliminated multiple tax structure into a simple structure as GST.

Key Words: GST, Direct Tax, Indirect Tax , Central Service Tax, Customs Duty.

"GST Implementation in India and its consequences", International Journal of Emerging Technologies and Innovative Research (www.jetir.org), ISSN:2349-5162, Vol.8, Issue 12, page no.c713-c719, December-2021, Available :http://www.jetir.org/papers/JETIR2112293.pdf

"GST Implementation in India and its consequences", International Journal of Emerging Technologies and Innovative Research (www.jetir.org | UGC and issn Approved), ISSN:2349-5162, Vol.8, Issue 12, page no. ppc713-c719, December-2021, Available at : http://www.jetir.org/papers/JETIR2112293.pdf