International Journal For Multidisciplinary Research

E-ISSN: 2582-2160   •   Impact Factor: 9.24

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Volume 8 Issue 4
July-August 2026

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GST- Is it Good and Simple Tax Regime

Author(s) Dr. Karanveer Singh
Country India
Abstract The Goods and Services Tax (GST), introduced in India on 1 July 2017, represents one of the most significant indirect tax reforms aimed at creating a unified national market by replacing multiple central and state taxes with a destination-based taxation system. This paper critically examines whether GST has fulfilled its objective of becoming a "Good and Simple Tax" regime by analysing its conceptual framework, objectives, salient features, implementation, and economic impact. It evaluates the advantages of GST, including the elimination of cascading taxes, increased transparency, improved tax compliance through digital administration, enhanced ease of doing business, and strengthened revenue collection, while also highlighting challenges such as multiple tax slabs, frequent amendments, compliance burdens on small and medium enterprises, technical issues with the GST portal, and complexities relating to input tax credit. The study adopts a doctrinal and analytical approach based on constitutional provisions, statutory enactments, judicial pronouncements, government reports, and recent scholarly literature. It concludes that although GST has substantially transformed India's indirect taxation system and strengthened fiscal integration, achieving a truly simple and efficient tax regime requires continuous policy reforms, rationalization of tax rates, simplification of compliance procedures, and enhanced digital governance.
Keywords Goods and Services Tax (GST), Indirect Taxation, Tax Reform, One Nation One Tax, GST Council, Input Tax Credit (ITC), Tax Compliance, Digital Tax Administration, Economic Growth, Fiscal Federalism
Field Sociology > Economics
Published In Volume 8, Issue 4, July-August 2026
Published On 2026-07-29
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E-ISSN 2582-2160
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CrossRef DOI prefix of IJFMR is 10.36948/ijfmr

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