GST vs GST 2.0: Evolution of India’s Indirect Tax Regime GST was first introduced in India in July 2017. GST is the abbreviation of the word Goods and Services Tax. When it was first introduced in India, it was celebrated as the country’s biggest indirect tax reform. GST replaced the maze of state and central taxes with one unified system. Even after unifying all types of taxes under one heading, there were challenges faced during the implementation of the GST 1.0. The multiple slabs, compliance hurdles, and rate anomalies often left the businesses and consumers struggling. Read more: https://go-infofinance.com/blog/gst-vs-gst-2-0-evolution-of-india-indirect-tax-regime