As the government’s beloved baby Goods and Service Tax (‘GST’) has turned one, it has been a year full of amendments, clarifications and updates so that the dream of ‘One Nation One Tax’ and ease of doing business is successfully met. India’s biggest indirect tax reform was brought to life and became a reality on July 01, 2017. With the introduction of GST, 17 of the erstwhile taxes have been subsumed into one single tax, which will not only give a boost to the economy but will also bring about transparency in tax ecosystem in India.
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