International Science Community Association Research Journal of Management Sciences 15 3 2026 09 6 Study of Goods and Service Tax 25 29 EN Kore Lakappa 1 Department of Commerce, Govt. First Grade College, Hunnur, Karnataka, India Sannaki Amita S. 2 Department of Commerce, Govt. First Grade College, Savalagi, Karnataka, India Dmello Abigail 1 Department of Commerce, VIVA College of Arts, Commerce and Science, Virar (W), Palghar, Maharashtra, India. Katle Varada 1 VIVA College of Arts, Commerce and Science, Maharashtra, India . Usha 1 Department of Studies in Commerce, Davangere University, Davangere, Karnataka, India G.C. Ashwini 2 Department of Studies in Commerce, Davangere University, Davangere, Karnataka, India Chubachi Mahantesh K. 3 Department of Studies in Commerce, Davangere University, Davangere, Karnataka, India Sirohi Gajendra 1 Acropolis Institute of Management studies and Research, Indore, MP, India > Review Paper 2025 12 11 2026 09 6 The paper mainly highlights the major taxation reforms Goods and service Tax and its consequences. This research paper further explores expected challenges and potential prospectus for future research of GST. The Goods and Services Tax (GST) is a significant milestone in simplifying the complex taxation system and enhancing economic development. The reforms implemented in 2025 have brought notable changes in India Copyright@ International Science Community Association