The implementation of the GST is expected to significantly boost trade inside India. The GST will eliminate the current multitude of taxes, duties, and surcharges that exist between states, thereby effectively creating a common Indian market. However, the taxes that will be imposed on the movement of goods are not clear. For instance, if goods move from producing states to consuming states, it is unclear which state will receive the tax benefits and how those benefits will be structured.
The Central and State governments have joined hands to register for the new Goods and Services Tax Network (GSTN), a non-profit, non-government company that will provide shared information technology infrastructure. The key objectives of the GSTN are to provide a standard and uniform interface for all government agencies.
How will an increase in agricultural trade in India support improvements in food security?