Goods and Services Tax (GST) was implemented in 2017. The GST council approved GST 2.0 in its 56th meeting. GST 2.0 was implemented in 2025. GST 1.0 was based on four slabs i.e. 5%, 12%, 18% and 28% . GST 2.0 is based on three slabs i.e. 5%, 18% and 40%. Lower rates of GST 2.0 has increased the purchasing power of consumers. The 12% and 28% slabs of GST 1.0 have been eliminated in GST 2.0 with the view to make GST more consumer-centric. Proper implementation of GST requires appropriate monitoring by the Government. Tax officials need proper training to implement GST 2.0 accurately. New businesses obtain registration very fast under new GST rules. The study is based on both primary and secondary data. Primary data has been collected from the state of West Bengal. Secondary data has been collected from journal articles.
Mondal, A. (2026). GST 2.0: An Analytical Study. International Journal of Advanced Research in Commerce, Management & Social Science, 09(01(II)), 31–34. https://doi.org/10.62823/IJARCMSS/9.1(II).8597
- Sinha, A.K. & Shrivastava, G. (2021). A conceptual study on current challenges and future prospects of GST in India. Vidyabharati International Interdisciplinary Research Journal, Volume 12(2), June, 584-593.
- Deepaware, N. & Dwivedi, S. (2022). GST in India : Its impact on Indian economy. International Journal of Novel Research and Development, Volume 7, Issue 12, December, 338-344.
- Bhardwaj, S. (2025). GST 2.0 reforms and the Indian market : A study. International Educational Scientific Journal, Volume 11, Issue 11, November, 15-19.
- Jaimol, M.T. & George, A. (2025). GST 2.0 : Charting a new trajectory for India’s indirect tax regime. The Academic-International Journal of Multidisciplinary Research, Volume 3, Issue 9, September, 186-196.
- Pushpa (2025). Towards a simplified tax regime : An analytical study of GST 2.0. Journal of legal Research and Juridical Sciences, Vol.5, Issue 1, Septemmber, 233-244.
- 6)Govindaswamy, R. & Srinidhi, G.(2025). GST 2.0 sector wise impact on Indian economy : An overview. International Journal of Humanities Social Science and Management, Volume 5, Issue 5, Sep.-Oct.,377-382.
- Ganesh, S.R.(2025). GST 2.0 in India : Sector-wise impact and economic transformation-study with special reference to select sectors. National Research Journal of Human Resource Management, Volume 12, Issue 2, July-December, 45-53.
- Uttamsagar, K. (2025). Next generation GST 2.0 in India : Structural reforms, sectoral impact and socio-economic implications. Journal of Emerging Technologies and Innovative Research, Volume 12, issue 10, October, 1381-1389.
- Ainapur, S. &Ainapur, J. (2025). Sectoral impact of GST implementation in India : Effects on growth, profitability and competitiveness across major industries. International Journal of Business and Management Invention, Volume 14, Issue 5, May, 110-115.
- Sunil, S. & Devarajappa, S. (2025). A study on the effect of GST reforms 2.0 on the banking sector. The Academia-International Journal of Multidisciplinary Research, Volume 3, Special Issue 1, September, 742-747.
- Shanbhogue, G., Shivkumar, H.N. &Basavaraju, S. (2025). Influence of GST 2.0 on the consumption patterns of middle-income households : A study with special reference to Mysore city. International Journal on Science and Technology, Volume 16, Issue 4, October-December, 1-9.
- Pandey, S., Kunnatholy, S., Sharma, R., & Asapure, R.(2026). Goods and services tax (GST) and its impact on Indian businesses. International Journal of Innovative Research in Technology, Volume 12, Issue 8, January, 33-43.
