Goods and Services Tax (GST) has strengthened India’s vision of Ek Bharat – Shreshtha Bharat over the past nine years. It has brought transparency, accountability and economic growth through rationalised tax rates and standardised procedures. Launched on 1st July 2017, this day is marked as a historic achievement in India’s reform journey.

This day reflects India’s continued effort to create a simpler, more transparent and integrated indirect tax system. GST subsumed 17 different taxes and 13 cesses into a common framework. Reforms under GST 2.0 build on this progress by addressing the needs of citizens and businesses and supporting India’s progress towards a Viksit Bharat.

The Next-Generation GST reforms of 2025 further simplified the structure through lower rates, exemptions and easier processes. These measures aim to benefit households, MSMEs, farmers, artisans, exporters and various trade sectors.