COMPARATIVE STUDY ON EFFECT OF GST ( PRE AND POST ) ON TAX REVENUE OF SELECTED STATES IN INDIA

Abstract

The Goods and Services Tax (GST) represented a significant reform in India’s indirect tax system. It unified multiple central and state taxes into one comprehensive tax. GST replaced the complex tax regime that included VAT, CST, excise duty, and service tax. This reform was aimed at promoting a unified national market. GST helped eliminate the cascading effect of taxes. Businesses benefited from the availability of input tax credit. Consumers witnessed greater transparency in product pricing. The introduction of GST reduced logistical and compliance costs. It encouraged ease of doing business across state boundaries. GST brought uniformity in tax rates and structures. It enhanced tax administration by digitizing the entire process. The dual GST model maintained the federal structure of governance. Both Centre and States shared responsibilities for tax administration. The GST Council acted as a decision-making body for tax matters. Its launch marked a shift toward cooperative federalism. Overall, GST significantly altered the Indian taxation landscape.