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GST is also known as goods and services
taxes which is implemented on the supply
and selling of the products at the national
level . GST came into effect from 1st
july 2017 implemented by the
government of India.
The GST was launched on 1st july,2017 by
the president of India and by the
government of India .
The launch was marked by the historic
midnight session which was attended by
the celebrities from business class and
entertainment industry.
The reform of India’s tax regime was started
in 1986 by Vishwanath Pratap Singh
,Finance minister in Rajiv’s Gandhi
government, with the introduction of the
Modified Value Added Tax (MODVAT).
GST was proposed and given go – ahead in
1999 during a meting between the prime
minister Atal Bihari Vajpayee and his
economic advisory panel.
GST council is the governing body of GST
having 33 member committee . It is
chaired by the finance minister of India .
It is apex member committee which modifies,
reconcile or procure any law or act of
regulation on the context of goods and
services tax.
This network in introduced by Infosys
Technologies and information network to
provide resources maintained by NIC.
GSTN is a non profit organization formes
for creating a sophisticated network
accessible to stakeholders, government and
taxpayers from a single source.
Goods and services tax
Goods and services tax

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Goods and services tax

  • 1.
  • 2. GST is also known as goods and services taxes which is implemented on the supply and selling of the products at the national level . GST came into effect from 1st july 2017 implemented by the government of India.
  • 3. The GST was launched on 1st july,2017 by the president of India and by the government of India . The launch was marked by the historic midnight session which was attended by the celebrities from business class and entertainment industry.
  • 4. The reform of India’s tax regime was started in 1986 by Vishwanath Pratap Singh ,Finance minister in Rajiv’s Gandhi government, with the introduction of the Modified Value Added Tax (MODVAT). GST was proposed and given go – ahead in 1999 during a meting between the prime minister Atal Bihari Vajpayee and his economic advisory panel.
  • 5. GST council is the governing body of GST having 33 member committee . It is chaired by the finance minister of India . It is apex member committee which modifies, reconcile or procure any law or act of regulation on the context of goods and services tax.
  • 6. This network in introduced by Infosys Technologies and information network to provide resources maintained by NIC. GSTN is a non profit organization formes for creating a sophisticated network accessible to stakeholders, government and taxpayers from a single source.