Goods and service tax is referred to as GST. GST was implemented to replace a variety of previous indirect taxes, including the value added tax, service tax, purchase tax, excise duty and others. GST is a tax that India imposes on the contribution of specific products and services. There is only one tax that is imposed in India. The major focus of this tax collection system is to control the declining effects of other indirect taxes. This will support to generate a coalesce usual national market for India, allowing a raise to outward investment and "Make in India" compaign.

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Keywords: Goods and Service Tax, Taxation, Economy, Product and Service.