<h1>India's GST Unifies Tax System, Boosts Economic Growth by Reducing Evasion and Enhancing Compliance Since 2017.</h1> The Goods and Services Tax (GST) in India, effective from July 1, 2017, replaced a complex system of multiple indirect taxes with a unified tax structure. It aims to create a seamless national market by subsuming numerous central and state taxes. The GST Council, comprising central and state finance ministers, oversees its implementation. The GST is a dual model, with both central (CGST) and state (SGST) components, and an integrated GST (IGST) for inter-state transactions. The system includes various tax rates and offers a composition scheme for small businesses. Despite initial challenges, GST is expected to boost economic growth by reducing tax evasion and increasing compliance.