Indirect tax is a tax that can be passed on to another individual or entity. Indirect tax is generally imposed on
suppliers or manufacturers who pass it on to the final consumer. Excise duty, customs duty, and Value-Added Tax
(VAT) are examples of Indirect taxes. Indirect taxes are touted to be streamlined following the introduction of the
uniform Goods and Services Tax (GST).
Goods and Service Tax is collectively known as GST which is a tax levied on the goods and services which an
individual attains for his or her comfort’s, concept was brought into picture during the Vajpayee government in the
year 2000 and was amended in the year 2015.Tax is quoted as “ONE TAX ONE NATION†as this tax includes
all the levels of taxes. It is the main tax implemented in India and which is still moving with lots of hardships. The
main purpose of this tax is to take away tax on tax idea and decrease the burden on an individual. This tax is also
benefiting the economy and helping in its growth. This paper discusses the past (Indirect Taxes including -VAT)
and present impacts of the Goods and Service Tax.
