{"id":1054,"date":"2017-07-21T04:54:43","date_gmt":"2017-07-21T04:54:43","guid":{"rendered":"http:\/\/iilsindia.com\/blogs\/?p=1054"},"modified":"2023-10-30T12:47:30","modified_gmt":"2023-10-30T07:17:30","slug":"history-of-gst","status":"publish","type":"post","link":"https:\/\/www.iilsindia.com\/blogs\/history-of-gst\/","title":{"rendered":"HISTORY OF GST"},"content":{"rendered":"

Goods and Services Tax (GST)<\/strong>, India’s biggest tax reform in 70 years of independence, was finally launched on the midnight of 30 June 2017 and was introduced as\u00a0The Constitution (One Hundred and First Amendment) Act 2017,\u00a0following the passage of Constitution 122nd Amendment Bill, governed by a GST Council and its Chairman, the\u00a0Finance Minister of India.<\/p>\n

In the year 1999 during a meeting between the then\u00a0Prime Minister\u00a0Atal Bihari Vajpayee<\/strong>\u00a0and his economic advisory panel, which included three former RBI governors\u00a0IG Patel<\/strong>,\u00a0Bimal Jalan<\/strong>\u00a0and\u00a0C Rangarajan<\/strong> a single common GST (Goods and Services tax) was proposed and given a go ahead. Thereafter Vajpayee set up a committee headed by the then\u00a0finance minister\u00a0of\u00a0West Bengal,\u00a0Asim Dasgupta<\/strong>\u00a0to design a GST model.<\/p>\n

The Ravi Dasgupta<\/strong> committee was also tasked with putting in place the backend technology and logistics (later came to be known as GSTN in 2017) for rolling out a uniform taxation regime in the country. The Vajpayee government also formed a task force under\u00a0Vijay<\/strong> Kelkar<\/strong>\u00a0to recommend tax reforms in the year 2003 and than in 2005 the Kelkar committee recommended rolling out GST as suggested by the 12th Finance Commission.[9]<\/sup><\/p>\n

Even after the fall of the\u00a0BJP\u00a0led\u00a0NDA\u00a0government in 2004, and the election of a Congress led\u00a0UPA\u00a0government, the new Finance Minister\u00a0P Chidambaram\u00a0in February 2006 continued to work on the same and proposed a GST rollout by 1 April 2010. However in 2010, with the Trinamool Congress routing CPI(M) out of power in West Bengal, Asim Dasgupta resigned as the head of the GST committee.<\/p>\n

In the year 2014, the NDA government was re-elected and came in power under the leadership of Narendra Modi. This led to the consequential dissolution of the 15th\u00a0Lok Sabha resulting in the lapse of GST Bill \u2013 approved by the standing committee for reintroduction. Seven months after the formation of the Modi government, the new Finance Minister\u00a0Arun Jaitley\u00a0introduced the GST Bill in the\u00a0Lok Sabha, where the BJP had a majority. In February 2015, Jaitley set another deadline of 1 April 2016 to implement GST. I May 2015, the Lok Sabha passed the Constitution Amendment Bill, paving way for GST. However, the Opposition, led by the Congress demanded that the GST Bill be again sent back to the Select Committee of the\u00a0Rajya Sabha\u00a0due to disagreements on several statements in the Bill relating to taxation. Finally in August 2016, the Amendment Bill was passed. Over the next 15 to 20 days, 18 states ratified the GST Bill and the President\u00a0Pranab Mukherjee\u00a0gave his assent to it.<\/p>\n","protected":false},"excerpt":{"rendered":"

Goods and Services Tax (GST), India’s biggest tax reform in 70 years of independence, was finally launched on the midnight of 30 June 2017 and was introduced as\u00a0The Constitution (One Hundred and First Amendment) Act 2017,\u00a0following the passage of Constitution 122nd Amendment Bill, governed by a GST Council and its…<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[550],"tags":[],"class_list":["post-1054","post","type-post","status-publish","format-standard","hentry","category-history-of-gst"],"yoast_head":"\nHISTORY OF GST<\/title>\n<meta name=\"description\" content=\"Goods and Services Tax (GST), India's biggest tax reform in 70 years of independence, was finally launched on the midnight of 30 June 2017\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.iilsindia.com\/blogs\/history-of-gst\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"HISTORY OF GST\" \/>\n<meta property=\"og:description\" content=\"Goods and Services Tax (GST), India's biggest tax reform in 70 years of independence, was finally launched on the midnight of 30 June 2017\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.iilsindia.com\/blogs\/history-of-gst\/\" \/>\n<meta property=\"og:site_name\" content=\"Indian Institute of Legal Studies Blog\" \/>\n<meta property=\"article:published_time\" content=\"2017-07-21T04:54:43+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-10-30T07:17:30+00:00\" \/>\n<meta name=\"author\" content=\"admin\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.iilsindia.com\\\/blogs\\\/history-of-gst\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.iilsindia.com\\\/blogs\\\/history-of-gst\\\/\"},\"author\":{\"name\":\"admin\",\"@id\":\"https:\\\/\\\/www.iilsindia.com\\\/blogs\\\/#\\\/schema\\\/person\\\/3ab632b247e50af2538c8e1bda53e9a6\"},\"headline\":\"HISTORY OF GST\",\"datePublished\":\"2017-07-21T04:54:43+00:00\",\"dateModified\":\"2023-10-30T07:17:30+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.iilsindia.com\\\/blogs\\\/history-of-gst\\\/\"},\"wordCount\":423,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\\\/\\\/www.iilsindia.com\\\/blogs\\\/#organization\"},\"articleSection\":[\"HISTORY OF GST\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/www.iilsindia.com\\\/blogs\\\/history-of-gst\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.iilsindia.com\\\/blogs\\\/history-of-gst\\\/\",\"url\":\"https:\\\/\\\/www.iilsindia.com\\\/blogs\\\/history-of-gst\\\/\",\"name\":\"HISTORY OF GST\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.iilsindia.com\\\/blogs\\\/#website\"},\"datePublished\":\"2017-07-21T04:54:43+00:00\",\"dateModified\":\"2023-10-30T07:17:30+00:00\",\"description\":\"Goods and Services Tax (GST), India's biggest tax reform in 70 years of independence, was finally launched on the midnight of 30 June 2017\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/www.iilsindia.com\\\/blogs\\\/history-of-gst\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/www.iilsindia.com\\\/blogs\\\/history-of-gst\\\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/www.iilsindia.com\\\/blogs\\\/history-of-gst\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/www.iilsindia.com\\\/blogs\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"HISTORY OF GST\",\"item\":\"https:\\\/\\\/www.iilsindia.com\\\/blogs\\\/category\\\/history-of-gst\\\/\"},{\"@type\":\"ListItem\",\"position\":3,\"name\":\"HISTORY OF GST\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/www.iilsindia.com\\\/blogs\\\/#website\",\"url\":\"https:\\\/\\\/www.iilsindia.com\\\/blogs\\\/\",\"name\":\"Indian Institute of Legal Studies Blog\",\"description\":\"\",\"publisher\":{\"@id\":\"https:\\\/\\\/www.iilsindia.com\\\/blogs\\\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/www.iilsindia.com\\\/blogs\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\\\/\\\/www.iilsindia.com\\\/blogs\\\/#organization\",\"name\":\"Indian Institute of Legal Studies Blog\",\"url\":\"https:\\\/\\\/www.iilsindia.com\\\/blogs\\\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.iilsindia.com\\\/blogs\\\/#\\\/schema\\\/logo\\\/image\\\/\",\"url\":\"https:\\\/\\\/www.iilsindia.com\\\/blogs\\\/wp-content\\\/uploads\\\/2019\\\/04\\\/cropped-logonew.png\",\"contentUrl\":\"https:\\\/\\\/www.iilsindia.com\\\/blogs\\\/wp-content\\\/uploads\\\/2019\\\/04\\\/cropped-logonew.png\",\"width\":796,\"height\":154,\"caption\":\"Indian Institute of Legal Studies Blog\"},\"image\":{\"@id\":\"https:\\\/\\\/www.iilsindia.com\\\/blogs\\\/#\\\/schema\\\/logo\\\/image\\\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/www.iilsindia.com\\\/blogs\\\/#\\\/schema\\\/person\\\/3ab632b247e50af2538c8e1bda53e9a6\",\"name\":\"admin\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/890b302c91caab2aa2433aa27a8548f3bae9f38c4a5daac6a54ea4076a862a3c?s=96&d=mm&r=g\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/890b302c91caab2aa2433aa27a8548f3bae9f38c4a5daac6a54ea4076a862a3c?s=96&d=mm&r=g\",\"contentUrl\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/890b302c91caab2aa2433aa27a8548f3bae9f38c4a5daac6a54ea4076a862a3c?s=96&d=mm&r=g\",\"caption\":\"admin\"},\"url\":\"https:\\\/\\\/www.iilsindia.com\\\/blogs\\\/author\\\/admin\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"HISTORY OF GST","description":"Goods and Services Tax (GST), India's biggest tax reform in 70 years of independence, was finally launched on the midnight of 30 June 2017","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.iilsindia.com\/blogs\/history-of-gst\/","og_locale":"en_US","og_type":"article","og_title":"HISTORY OF GST","og_description":"Goods and Services Tax (GST), India's biggest tax reform in 70 years of independence, was finally launched on the midnight of 30 June 2017","og_url":"https:\/\/www.iilsindia.com\/blogs\/history-of-gst\/","og_site_name":"Indian Institute of Legal Studies Blog","article_published_time":"2017-07-21T04:54:43+00:00","article_modified_time":"2023-10-30T07:17:30+00:00","author":"admin","twitter_misc":{"Written by":"admin","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.iilsindia.com\/blogs\/history-of-gst\/#article","isPartOf":{"@id":"https:\/\/www.iilsindia.com\/blogs\/history-of-gst\/"},"author":{"name":"admin","@id":"https:\/\/www.iilsindia.com\/blogs\/#\/schema\/person\/3ab632b247e50af2538c8e1bda53e9a6"},"headline":"HISTORY OF GST","datePublished":"2017-07-21T04:54:43+00:00","dateModified":"2023-10-30T07:17:30+00:00","mainEntityOfPage":{"@id":"https:\/\/www.iilsindia.com\/blogs\/history-of-gst\/"},"wordCount":423,"commentCount":0,"publisher":{"@id":"https:\/\/www.iilsindia.com\/blogs\/#organization"},"articleSection":["HISTORY OF GST"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.iilsindia.com\/blogs\/history-of-gst\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.iilsindia.com\/blogs\/history-of-gst\/","url":"https:\/\/www.iilsindia.com\/blogs\/history-of-gst\/","name":"HISTORY OF GST","isPartOf":{"@id":"https:\/\/www.iilsindia.com\/blogs\/#website"},"datePublished":"2017-07-21T04:54:43+00:00","dateModified":"2023-10-30T07:17:30+00:00","description":"Goods and Services Tax (GST), India's biggest tax reform in 70 years of independence, was finally launched on the midnight of 30 June 2017","breadcrumb":{"@id":"https:\/\/www.iilsindia.com\/blogs\/history-of-gst\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.iilsindia.com\/blogs\/history-of-gst\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/www.iilsindia.com\/blogs\/history-of-gst\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.iilsindia.com\/blogs\/"},{"@type":"ListItem","position":2,"name":"HISTORY OF GST","item":"https:\/\/www.iilsindia.com\/blogs\/category\/history-of-gst\/"},{"@type":"ListItem","position":3,"name":"HISTORY OF GST"}]},{"@type":"WebSite","@id":"https:\/\/www.iilsindia.com\/blogs\/#website","url":"https:\/\/www.iilsindia.com\/blogs\/","name":"Indian Institute of Legal Studies Blog","description":"","publisher":{"@id":"https:\/\/www.iilsindia.com\/blogs\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.iilsindia.com\/blogs\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/www.iilsindia.com\/blogs\/#organization","name":"Indian Institute of Legal Studies Blog","url":"https:\/\/www.iilsindia.com\/blogs\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.iilsindia.com\/blogs\/#\/schema\/logo\/image\/","url":"https:\/\/www.iilsindia.com\/blogs\/wp-content\/uploads\/2019\/04\/cropped-logonew.png","contentUrl":"https:\/\/www.iilsindia.com\/blogs\/wp-content\/uploads\/2019\/04\/cropped-logonew.png","width":796,"height":154,"caption":"Indian Institute of Legal Studies Blog"},"image":{"@id":"https:\/\/www.iilsindia.com\/blogs\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/www.iilsindia.com\/blogs\/#\/schema\/person\/3ab632b247e50af2538c8e1bda53e9a6","name":"admin","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/890b302c91caab2aa2433aa27a8548f3bae9f38c4a5daac6a54ea4076a862a3c?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/890b302c91caab2aa2433aa27a8548f3bae9f38c4a5daac6a54ea4076a862a3c?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/890b302c91caab2aa2433aa27a8548f3bae9f38c4a5daac6a54ea4076a862a3c?s=96&d=mm&r=g","caption":"admin"},"url":"https:\/\/www.iilsindia.com\/blogs\/author\/admin\/"}]}},"_links":{"self":[{"href":"https:\/\/www.iilsindia.com\/blogs\/wp-json\/wp\/v2\/posts\/1054","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.iilsindia.com\/blogs\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.iilsindia.com\/blogs\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.iilsindia.com\/blogs\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.iilsindia.com\/blogs\/wp-json\/wp\/v2\/comments?post=1054"}],"version-history":[{"count":3,"href":"https:\/\/www.iilsindia.com\/blogs\/wp-json\/wp\/v2\/posts\/1054\/revisions"}],"predecessor-version":[{"id":2569,"href":"https:\/\/www.iilsindia.com\/blogs\/wp-json\/wp\/v2\/posts\/1054\/revisions\/2569"}],"wp:attachment":[{"href":"https:\/\/www.iilsindia.com\/blogs\/wp-json\/wp\/v2\/media?parent=1054"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.iilsindia.com\/blogs\/wp-json\/wp\/v2\/categories?post=1054"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.iilsindia.com\/blogs\/wp-json\/wp\/v2\/tags?post=1054"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}