GST Day 2024: Do You Know Who Is Known As The Father Of GST? Explore Its History, Significance, And Fascinating Facts

India celebrates Goods and Services Tax (GST) Day on July 1 to honor the successful implementation of the GST regime. This comprehensive indirect tax revolutionized India's taxation system by replacing numerous complex levies imposed by both central and state governments. With its destination-based approach, GST has simplified the tax structure, ensuring greater transparency and efficiency.