<h1>Goods and Services Tax implications drive fiscal federalism reform while urging dispute resolution and robust IT infrastructure.</h1> The RBI report assesses the introduction of the Goods and Services Tax as a structural fiscal reform affecting growth, inflation, government finances and competitiveness, likely to reconfigure fiscal federalism. It stresses the need for a robust dispute resolution mechanism, GSTN backed IT infrastructure, and greater statutory devolution to enable states to prioritize expenditure while maintaining debt sustainability and fiscal consolidation.