Finance Minister Arun Jaitley on Tuesday released a case study on the birth of the Goods and Services Tax (GST) in India -- "The GST Saga: A Story of Extraordinary National Ambition".
"In view of the successful roll-out of the GST on 1 July 2017, it was felt that there was a need for the public to know the story of how GST evolved, its timeline, the different stakeholders involved and how it eventually culminated in its inauguration in the Central Hall of Parliament of India on the midnight of June 30, 2017, and July 1, 2017, by the President and Prime Minister of India," an official statement said here.
This case study accordingly captures the entire journey of the GST right from its ideation in the Kelkar Task Force Report in 2003.
"Other salient features such as the dates on which the SGST Laws were enacted in the 31 states, peculiarity of the Indian GST model, how the fitment of rates was done and the IT backbone of GST have also been addressed in the case study, thus, making it a concise yet comprehensive repository of the GST story," the statement said.
(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
)