https://www.taxtmi.com/article/detailed?id=16485 Traditional indirect taxation in India involved multiple central and state levies, separate compliance requirements, and a cascading tax effect that increased costs and complicated interstate trade. GST replaced most of this fragmented structure with a destination-based unified indirect tax on the supply of goods and services, supported by CGST, SGST, IGST, and the Input Tax Credit mechanism. The reform is described as simplifying compliance, improving logistics and transparency, and encouraging digital, technology-driven tax administration. en-us Sat, 23 May 2026 08:28:31 +0530 Sat, 23 May 2026 08:28:31 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=16485 Traditional indirect taxation in India involved multiple central and state levies, separate compliance requirements, and a cascading tax effect that increased costs and complicated interstate trade. GST replaced most of this fragmented structure with a destination-based unified indirect tax on the supply of goods and services, supported by CGST, SGST, IGST, and the Input Tax Credit mechanism. The reform is described as simplifying compliance, improving logistics and transparency, and encouraging digital, technology-driven tax administration. Articles Accounting - Auditing Sat, 23 May 2026 08:28:31 +0530 https://www.taxtmi.com/article/detailed?id=16485