2nd anniversary of GST to be celebrated today as “GST Day”

India will celebrate 1st July as the “Goods & Services Tax DAY”. This year, it is the second anniversary of the implementation of historic tax reform of Goods & Services Tax.

The introduction of GST in the Indian economy has replaced a multi-layered, complex indirect tax structure with a simple, transparent and technology-driven tax regime.

Static/Current Takeaways Important For ESIC:

  • GST was launched on 1st July 2017 in New Delhi. 
  • Chairperson of GST Council: Union Finance Minister of India.

Source: The DD News

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