Manuscript Number : GISRRJ2032114

Taxation is very important for national economic development. Economic development depends on the purchasing power of the nation. Tax policy makes an important contribution to the economy, both in terms of efficiency and equity. The GST is one of the indirect taxes that was introduced in India on 1 July 2017 and is applicable throughout India and replaces various cascading taxes imposed by central and provincial governments. In India dual systems from GST are proposed, including CGST and SGST. In the GST all indirect taxes are placed under a single regime. Under GST, goods and services are taxed at 0%, 5%, 12%, 18% and 28%. It combines various other taxes, such as local and local taxes, entertainment taxes, consumption taxes, surcharges, octroi and others. The final consumer receives only the GST paid by the last dealer in the supply chain and receives the compensatory benefits in the previous step. The GST was originally proposed to replace a number of indirect taxes with uniform taxes, and is expected to drastically change the country’s $ 2 trillion economy., GST falls under the jurisdiction of the GST council and GST is chaired by the by the Indian Minister of Finance and is supported by the Goods and service Network (GSTN), a fully integrated tax platform covering all aspects of GST. The portal is used by the government to keep track of all financial transactions and offers taxpayers everything from registration to filling tax returns and keeping track of all tax data. GST becomes the largest reform registration to filling tax returns and keeping track of all tax data. GST becomes the largest reform in Indian tax since 1947. a. GST is based on the principle of “1 country 1 tax”. This article is intended to study the importance of GST, GST goals, models, effects, India GST Council, GST Council and GST network.