Goods Service Tax (GST) is biggest tax ever in India is levied from July 1st 2017. The present paper deals with the impact of (GST) on rural economy, change in sources of revenue generation, increase in employment opportunities impact in rural India. GST is going to be a game changer not only for the Indian industry and business sector but also will be a messiah for the rural economy in terms of increased demand for durables and better understanding of the taxation. The indirect benefits of GST include the increase in the rural demand, greater revenue collection from taxation from the rural economy, overall boost in activities in the rural areas and an overall inclusiveness of India’s rural side in the overall growth of the country.
KEYWORDS: GST, Rural Economy, Rural Demand, Turnover Tax.
