Puducherry Lt Governor Tamilisai Soundararajan on Saturday said the introduction and implementation of Goods and Services Tax (GST) in the country has brought in an economic revolution in the country.
Addressing officers and tax payers at the celebrations of 'Six Years of GST' organised by the Commissionerate of GST and Central Excise (Puducherry), the Lt Governor said it (GST) marked a significant milestone in the indirect system of taxation.
"It is a remarkable initiative in a diverse and federal country as multiple tax laws have been consolidated into a single system. It is no small feat," the Lt Governor said.
She said tax compliance had also increased. "Where there is increased response and compliance the development of the nation is also ensured," the Lt Governor, who also gave away awards to the tax payers on the occasion said.
Soundararajan said the GST Council meeting also took into consideration periodically the various views and feedback from Finance Ministers of state