
doi: 10.26524/jms.2017.61
GST is set to change the way trade and commerce is carried in our country. Thispaper serves to bring out a brief overview of GST and its structure of implementation inIndia. The objectives and features of GST gives a comprehensive understanding about it. Itfocuses on the impact it has on the common man and the various sectors in our Indianeconomy. This tax reform which was implemented on the midnight of june 30th 2017 purportsto eliminate the cascading effect of taxes and is sure to augment the competitiveness in theindustries in India. Eventually a conclusion is drawn based on the various issues discussed inthis paper.
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