Who is Called the Father of GST in the World?

By BYJU'S Exam Prep

Updated on: November 14th, 2023

Atal Bihari Vajpayee is known as the Father of GST in the World. In 1999, in a meeting with its Economic Advisory Group, which included three former governors of the Reserve Bank of India (RBI), IG Patel, Bimal Jalan, and C Rangarajan, Prime Minister Atal Bihari Vajpayee suggested and called for the creation of an approved, single, universal “Goods and Services Tax (GST)”. To create the GST model, Vajpayee formed a group led by Asim Dasgupta, the state finance minister of West Bengal. In India, GST was finally implemented in 2017.

Father of GST in the World

Atal Bihari Vajpayee is known as the father of GST. He was often referred to as Bihari. He was a leader of the Bharatiya Janata Party (BJP) and twice served as the Prime Minister of India.

  • A single national GST (Goods and Services Tax) was proposed and approved in 1999 during a meeting between the then Prime Minister Atal Bihari Vajpayee and his economic advisory team, which included three former RBI governors, IG Patel, Bimal Jalan, and C. Rangarajan was present.
  • After that, Vajpayee set up a team under the direction of Asim Dasgupta, the then-finance minister of West Bengal, to build the GST model.
  • The Constitution (One Hundred First Amendment) Act 2017 was introduced at midnight on 30 June 2017 after the passage of the Constitution 122nd Amendment Bill. The GST is India’s biggest tax reform in 70 years of independence and is overseen by a GST Council, headed by the country’s finance minister.

Goods and Services Tax (GST)

India uses the Goods and Services Tax (GST) as an indirect tax on the provision of goods and services, sometimes referred to as a consumption tax. It is a comprehensive, multilevel, destination-based tax. This is purely because it has absorbed almost all indirect taxes except a few state duties.

Due to its multi-stage nature, GST is levied at each production stage. However, because it is a destination-based tax rather than an origin-based tax like the former, it is collected from the point of consumption rather than the place of origin.

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