States » SouthPosted at: Jun 16 2025 11:32PM


GST not just a fiscal reform, but a step for economic unification: Attorney General R. Venkataramani

Kochi, Jun 16 (UNI) Underscoring the vision of 'One Nation, One Tax, One Market,' Attorney General of India R Venkataramani today said GST is not just a fiscal reform, but a transformative step for economic unification.
Inaugurating the GST Conclave-2025 here, he highlighted the challenges India overcame in implementing the Goods and Services Tax, after years of deliberations, and lauded it as a revolutionary step towards eliminating complexities in the previous indirect tax regime.
He reflected on the evolving role of GST law in shaping India’s taxation system, and provided a comparative overview of global taxation frameworks, emphasizing the influence of economic, cultural, and political contexts on tax design.
Stressing the importance of continued efforts in legal clarity, enforcement, and administrative reform, he observed that while discussions on ease of doing business are important, the true test lies in translating them into action.
He also stated that India’s democratic framework, which guarantees liberty and freedom, played a significant role in enabling such large-scale policy innovation.
He invoked historical perspectives, referencing Kautilya and ancient economic thought, and traced how taxation systems have evolved globally.
He acknowledged that the journey of GST in India has not been without pitfalls and criticisms, but stressed the importance of moving forward with optimism, viewing GST as a tool not only for domestic economic consolidation, but also for addressing global challenges and inequalities.
As part of the upcoming 8th GST Day celebrations on 1st July 2025, the Central Board of Indirect Taxes and Customs, Thiruvananthapuram Zone, organised GST Conclave 2025.
The conclave was a key event of the nationwide GST Fortnight (16–30 June 2025), being observed with the objective of engaging with taxpayers and strengthening compliance facilitation across India.
The event was attended by legal experts, members of trade and industry, professional bodies, and taxpayers.
The Guest of Honour, Rajendra Kumar P., Chairman, Indirect Taxes Committee, ICAI, highlighted the need for further simplification of compliance procedures under GST.
He reiterated ICAI’s role in capacity building for professionals and taxpayers and its ongoing contribution to nation-building through knowledge dissemination and support. UNI DS SSP
Tags: #GST not just a fiscal reform# but a step for economic unification: Attorney General R. Venkataramani
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