Goods and Services Tax GST is a comprehensive indirect tax structure in India that was implemented in 2017 One of the primary objectives of GST is to facilitate real-time tax payments and reduce tax evasion GST ensures a transparent and robust tax system by bringing all businesses within the formal economy This improves compliance and helps in increasing revenue collection for the government Real-time GST enables businesses to submit taxes online and receive instant verification and confirmation It also aids in reducing the paperwork and enables quick approvals which improves the efficiency of the tax collection process ultimately leading to a simplified and streamlined system for businesses and government alike