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India's GST nine years on: Rate changes and unresolved compliance disputes

The Economic Times traces how the 2017 tax rollout removed state-border checkposts and introduced e-invoicing in phases.

Economic TimesET
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TLDR

The Economic Times describes how India's Goods and Services Tax replaced 17 central and state taxes in 2017, then moved toward electronic compliance through e-way bills and phased e-invoicing. It says a 2025 overhaul reorganized the principal rates around 5% and 18%, with a special 40% rate for select products. Businesses still face classification disputes, refund concerns and administrative burdens.

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Economic Times@EconomicTimesIndia's GST Revolution: How India’s biggest indirect tax reform changed its economy and its way of doing business https://economictimes.indiatimes.com/news/economy/policy/india-gst-revolution-2017-2026-gst-timeline-reforms-rate-changes-impact-9-years-goods-services-tax-how-gst-changed-indian-economy/articleshow/134770669.cms1h
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    Economic Times@EconomicTimesIndia's GST Revolution: How India’s biggest indirect tax reform changed its economy and its way of doing business https://economictimes.indiatimes.com/news/economy/policy/india-gst-revolution-2017-2026-gst-timeline-reforms-rate-changes-impact-9-years-goods-services-tax-how-gst-changed-indian-economy/articleshow/134770669.cms1h
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