Important Days

GST Day 2024 - July 01

July 4 , 2024 2 hrs 0 min 12 0

The day was first observed on July 1, 2018, marking the first anniversary of the tax system’s adoption.
In August 2016, the Parliament enacted the Constitution (101st Amendment) Act, authorising the central government to charge and collect GST.
GST is a comprehensive indirect tax, transformed India’s tax system by eliminating multiple complex taxes levied by the central and state governments.
Goods and Services Tax (GST) has simplified the tax structure by focusing on the destinations, improving transparency and efficiency.