Assessment of GST’s Impact on State Revenue: A Comparative Analysis of Revenue Patterns

This research paper is written on the edifice of the Goods and Service Tax (GST) introduced in India through 101st Constitutional Amendment marking a significant reform in the country's indirect tax system. GST could be introduced in its Indianized version only with the states’ sacrifice of their vital fiscal autonomy. Aimed towards enhanced revenue, GST has variedly impacted the revenue patterns of different states. This study comparatively analyzed the pre-GST and post-GST revenue trends across major states. The findings indicated that while GST has led to an overall increase in tax revenue for most states, the magnitude of impact varies significantly. The study highlights the need for further research to assess the long-term implications of adopted GST model on state finances and to strategize enhancement of revenue stability and equity in the GST regime.