Viewpoint: GST@8 - Reshaping India's Indirect Tax Landscape | 01 July, 2025

Sansad Tv

On July 1, 2017, India marked a historic shift in its indirect tax landscape with the launch of the Goods and Services Tax (GST). In tune with its perceived importance, it was freedom of another kind at midnight — appropriately celebrated in the Central Hall of Parliament — from an archaic tax system that duplicated and cascaded taxation between Centre and States adding enormous costs to compliance. GST reaches a significant eight-year milestone on July 1. Over this period, it has matured significantly into a comprehensive indirect tax system, backed by a digital structure and a cooperative federal framework

 

Anchor: FRANK RAUSAN PEREIRA

 

GUESTS:  Vivek Ranjan, Member, Tax Policy, CBIC.

  1. P. Nagendra Kumar, Senior Advisor, Deloitte India.

 

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