On July 1,2017,The Goods and Services Tax (GST) was implemented and is regarded as a major taxation reform till date implemented in India since independence in 1947. GST is said to be planned before and was to be implemented in April 2010, but due to political issues and conflicting interest of stakeholders it was postponed. The objective behind development of GST is to subsume all sorts of indirect taxes in India like Central Excise Tax, VAT/Sales Tax, Service tax, etc. and implement one taxation system in India.