GST has brought in ‘one nation one tax’ system, but its effect on various industries is slightly different. Going by the experience of other countries which adopted GST, some economists had predicted that the tax reform would boost India’s economic growth rate by up to two percentage points in due course as it eliminates inefficiencies in the tax system. According to NITI aayog Ex-CEO Amitabh Kant GST will help India achieve 9 per cent growth rate. Several experts have also said that GST is estimated to boost GDP by 1-2 per cent and bring down inflation by 2 per cent over the long term.
GST has the potential to improve India's overall outlook as the country switched to a unified and completely digital system. Though the country is set for strong long-term growth, yet the combination of demographics, digitalization and tax reform has only made India’s growth story more credible and compelling.

GSP (GST Suvidha Provider)

GST Suvidha Provider (GSP) is an alternate mechanism available for taxpayers to discharge their obligation towards GST like filing returns, assessment etc.
GSP is working diligently to provide innovative solution as per the need of taxpayers to meet with regulatory requirements. Currently there are 74 approved GSPs (including Abhipra) across the country. Taxpayers can choose services of GSP based on their requirement and offerings of the GSP. GSPs will have dedicated foolproof safe connectivity with GSTN Core system.