Contents: Foreword. Introduction. I. Evolution of GST: 1. The GST Story. 2. The Indian GST Story. 3. Debates that Shaped the GST. 4. GST and Revenue Buoyancy. 5. GST: A Boost to Domestic Manufacturing. 6. GST and Ease of Doing Business. II. Implementation of GST: 7. GST Implementation: Rates and Exemption Regime. 8. GST and Compliance Verification. 9. GSTN for Implementation of GST. 10. Impact of GST on Industry. III. Policy Prescriptions Going Forward: 11. Expanding GST’s Taxable Base. 12. GST and Exports. 13. GST and Reforms in Tax Administration. 14. GST and Dispute Resolution. 15. GST and Institution Building. 16. Conclusion. Annexures. Appendices. It would be no exaggeration to say that the GST is one of the most important reforms in post-independent India. Its impact is multi-layered, ranging from tax behaviour to strengthening the federal polity to ensuring fiscal equity. The book carries a foreword by India’s finance minister Arun Jaitley. Excerpts: “...Mr Krishnan had a ringside view of the evolution of the GST. The book is written in a very lucid and readable style... a number of interesting suggestions have been made from the policy perspective. I am sure that this book will be useful for both, the lay reader and the tax professional.”