<h1>India Celebrates Two Years of GST: Simplified Tax Structure Boosts Economic Growth and Trade.</h1> The second anniversary of the Goods and Services Tax (GST) was celebrated on July 1, 2019, with key government officials and industry leaders attending. GST, introduced on July 1, 2017, aimed to simplify India's tax structure by subsuming multiple taxes into a single system. Despite initial challenges, GST has stabilized, promoting economic growth, trade, and industry by reducing compliance burdens and creating a unified national market. Key developments include rate rationalization, simplified return filing, and support for MSMEs. The government continues to refine GST with new return systems, e-invoicing, and appellate tribunals, enhancing ease of business and economic integration.