July 1 to be celebrated as 'GST Day' - The first year of GST has been- Navbharat Times Photodhamal

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The first year of GST has been an example to the world of the readiness of the taxpayers to be a partner in the unprecedented reform in Indian taxation, the finance ministry said today.

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Pic Courtesy : BCCL

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The government will celebrate July 1, 2018, as 'GST Day' to mark the first anniversary of the new indirect tax regime. Goods and Services Tax (GST) was rolled out in the intervening night of June 30 and July 1, last year, in a ceremony held in the Central Hall of Parliament.

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"Union Minister for Railways, Coal, Finance & Corporate Affairs Piyush Goyal will preside over as the Chief Guest of the event and Minister of State for Finance, Shri Shiv Pratap Shukla will be the Guest of Honour," the finance ministry said in a statement.

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Pic Courtesy : PTI

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GST subsumed over a dozen local levies and transformed India into "one nation, one Tax" and binds the country into an Economic Union, it added.

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Pic Courtesy : BCCL

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"The first year of GST has been an example to the world of the readiness of the Indian taxpayer to be a partner in this unprecedented reform of Indian taxation," the ministry said.

In This Pic : gst

Pic Courtesy : BCCL