srjebmSRJEBMSRJEBM2788-9505https://doi.org/10.47310/srjebm.2022.v02i01.009Role of GST and It’s Impact in Indian EconomyRahulKumarGuptaGajrajSinghPresent Indian tax system is very complex as it includes cascading effects of tax. GST, being one single indirect tax scheme for the entire nation will attempt to make India united common market. GST referred as Goods and services tax is major taxation scheme developed for achieving economic growth. GST is huge reform for indirect taxation of India, the likes of which the country has not seen post Independence. GST will simplify indirect Taxation, reduce complexities and remove the cascading tax effect. Expert believes that it will have a huge impact on businesses both Big and small and change the way the economy Functions.