<h1>India's GST Plan: Dual Model to Reform Indirect Taxes, Integrate Central & State Levies, Boost Economy.</h1> The First Discussion Paper on Goods and Services Tax (GST) in India, released by the Empowered Committee of State Finance Ministers, outlines a comprehensive plan for implementing GST as a significant step in indirect tax reform. The paper details the dual GST model, which includes Central GST and State GST, aiming to eliminate the cascading effects of taxes and integrate various central and state taxes. It emphasizes the need for constitutional amendments to empower states to levy service taxes and highlights the benefits of GST for industry, trade, agriculture, and consumers. The paper also discusses the structure, rates, and administrative framework of GST, aiming for a harmonized tax system across India.