Who is called the father of GST in the world?

Answer: France utilized the world’s first Goods and Services Tax. Over 140 countries have implemented the Goods and Services Tax. 

It was founded to save effort,  time, and cost. 

The Goods and Services Tax was looked into by a committee headed by the former Prime Minister of India, Atal Bihari. The Goods and Services Tax was established in India in the year 2017.

For India’s complex system, the government came up with three different types of GST, which are mentioned below:

• CGST
• SGST
• IGST

As by the regime of 2016 GST, New GST is called the union territory goods and services tax.

(UTGST),  also came into power,  which was used to account for all revenue enhancement in the Indian union territories.