GST Day 2025, celebrating 8 years of GST, One Nation One Tax
Central Board of Indirect Taxes and Customs, Thiruvananthapuram Zone, Kochi issued PRESS RELEASE on 30.06.2025 on GST Day 2025, celebrating 8 years of GST, One Nation One Tax.
Tag: 8 years of GST
Celebrating eight years of GST: The road ahead
The GST Act, 2017 marks its eighth anniversary on July 1. Over the years, despite facing numerous challenges, GST has proven to be a resilient and transformative reform in India’s indirect tax landscape. The consistent and robust monthly tax collections stand as testimony to its success.
8 years of GST: How automation has changed the refund game for exporters
Zero-rating is an often misunderstood concept, and it is much wider than merely not charging or collecting tax on an event. Zero-rating aims to eliminate not only the tax on the output, but also the taxes paid on the input, and zero-rating of exports is permissible under World Trade Organization (WTO) regulations.
GST collections rise 6.2% in June to ₹1.84 lakh crore, but dip below ₹2 lakh crore mark
India’s GST collections rose by 6.2% year-on-year to ₹1.84 lakh crore in June 2025, the Finance Ministry said on Tuesday. The number, while reflective of continued economic activity and compliance, fell below the ₹2 lakh crore mark crossed in April and May — prompting caution among economists and tax experts.
Tax without a tribunal: GST’s incomplete architecture
Over the decades, several sector-specific tribunals emerged – such as CESTAT in 1982, the CAT in 1985, and the NCLT in 2016 each designed to provide faster, domain-specific dispute resolution outside the traditional court system. These bodies were envisioned to reduce judicial burden and bring subject-matter expertise into adjudication, a principle that later influenced the conceptualisation of the GSTAT.
View: 8 lessons Indian businesses learned from 8 years of GST
On July 1, 2017, India undertook one of its most significant tax reforms with the introduction of the Goods and Services Tax (GST), replacing a complex web of indirect taxes levied by the Centre and States. It aimed to unify the domestic market, streamline compliance, and enhance transparency in taxation. Eight years down the line, Indian businesses—big and small—have navigated through its evolving structure, compliance mandates, and technological shifts. The journey has been both challenging and transformative.
‘Industry finds GST beneficial, but calls for clarity, stronger dispute resolution’: Report
Eight years into the GST regime, Indian industry is largely upbeat about its transformative impact, but it wants the government to tackle lingering challenges around legal clarity and dispute resolution.
Eight years of GST: The hits and misses
July 1, 2025, marks the completion of eight years since GST was successfully implemented, with the Centre and state governments continuing to work in tandem to make decisions and resolve industry issues. This day indeed marks the implementation of one of the most transformative tax reforms in the history of Indian taxation. Every year, we reflect on this day to recognise and evaluate the positive impact of GST implementation on the economy, as well as to create a wish list of activities paving the way for improvements.
Eight years of GST: PM Modi hails reform for boosting ease of doing business, economic growth
As the GST marked its 8th anniversary on Tuesday, Prime Minister Narendra Modi called it a “landmark reform” that has reshaped India’s economic landscape and strengthened cooperative federalism.
PM calls GST a landmark reform, Rahul Gandhi sees 8 years of economic injustice
As the Goods and Services Tax (GST) completed eight years of its implementation, Prime Minister Narendra Modi on Monday praised it as a landmark reform that has reshaped India’s economic landscape. However, his statement drew sharp criticism from Congress MP Rahul Gandhi, who called GST a tool of “economic injustice” that has punished the poor and benefited a few corporates.