GST in India: An Indirect Tax Reform

GST is one of the most crucial tax reforms in India which has been implemented from 1st July 2017.It is a comprehensive tax system since independence of India, which has subsumed all indirect taxes of states and central governments and unified economy into a seamless national market. It has already solved the problem related to the indirect taxes playing a vital role in economic growth process of our country. This paper highlights an overview of GST concept, explains its features along with its timeline of implementation in India.