Ending more than 11 years of hectic argument among the Centre and the states, the GST is set to completely transform the indirect taxation landscape in the country involving both the Central and State levies.
In a departure from the normal practice, GST will be administered together by the Centre and States.
The biggest tax reform since independence - GST - will pave the way for realisation of the goal of One Nation - One Tax - One Market.
It will benefit all the stakeholders namely industry, government and consumer as it will lower the cost of goods and services give a boost to the economy and make the products and services globally competitive, giving a major boost to 'Make in India' initiative.
This is how Twitter reacted:
One Nation and One Tax
GST: Goods and Service Tax
One Nation and One Sachin
GST: God Sachin Tendulkar
— Sarcastic Dude (@Sarcasticdudee) July 1, 2017
No, God Sachin Tendulkar isn't the full form of GST.
— Silly Point (@FarziCricketer) June 30, 2017
After all these speculations...I've come to a conclusion which will end this debate once & for all
GST = God Sachin Tendulkar
— Zoombada... (@zoomphatak) June 30, 2017
Diwali, Holi , dusserah now the time for GST .. happy shopping
— C H A R I S H M A N (@charishman) June 13, 2017
Retweeted SAGAR (@sagarcasm):
Why are they elaborating so much on a tax? Just tell me the gst of the story.
— Shitiz Srivastava (@shitizsriv) June 30, 2017
People are even afraid to travel tomorrow from Meenambakkam to Nagapattinam. The road is called GST Road.
— Naveen (@naveenarendran) June 30, 2017
Why no GST on "Dhinchak Pooja" songs Modi ji ? What's the deal ?
— Arvind Kejriwal (@TrollKejri) June 30, 2017
Me: I love you
CA Girl: I too, but we are GST friends.
????????????????????#GSTForNewIndia #OneNationOneTaxOneMarket #CAfinal #CAday
— Vizzz (@s_vij1) July 1, 2017
Arun Jaitley: I love you
Girl : but we are GST friends
— Pakchikpak Raja Babu (@HaramiParindey) June 30, 2017
We can be friends because you understand GST and it will do good for our country, but we are not yet ready for it.
— Ben (@ridzwanhabeni) April 26, 2015
"Gita has 18 chapters and GST Council had 18 meetings." From gaumata to #GST , Modi is the man of all moments #gstrollout
— Devlina Ganguly (@DevlinaGanguly) June 30, 2017