The Goods and Service Tax (GST) is a new type of tax in India that aims to simplify the tax system by replacing multiple taxes with a single comprehensive tax. The main goal of GST is to streamline the taxation process for goods and services at both the central and state levels. This reform is considered the biggest in the indirect taxation sector since 1947. The impact of GST on various sectors is significant, as it eliminates taxes like VAT, Excise duty, and Sales Tax, creating a more efficient tax system for manufacturing, trading, and services.