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Goods and Services Tax Day 2025 - July 01
July 13 , 2025
17 hrs 0 min
23
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- In August 2016, the Constitution (101st Amendment) Act was passed by the parliament.
- It gave the central government the authority to impose and collect GST.
- GST in India was officially launched on July 1, 2017.
- The GST has replaced multiple indirect taxes levied by the Central and State Governments, such as the excise duty, service tax, value-added tax (VAT), and others.
- It brought uniformity in the tax structure across India, eliminating the cascading effect of taxes.
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