GST Launch 2017: Highlights

India's is all set for its biggest tax reform since independence. Here are the key highlights of the midnight launch event:

• President Pranab Mukherjee: GST will create a strong incentive for buyers to deal with honest and compliant sellers who pay their dues promptly.
• President Pranab Mukherjee: Introduction of GST is a momentous event for the nation.
• President Pranab Mukherjee: There were apprehensions whether bringing over 1,000 items under the tax bracket would be possible. The council pleasantly surprised all of us by completing the task on time.
• President Pranab Mukherjee: Was always confident that we will bring GST reform in the country.
• PM Modi: GST in reality is Goods and 'Simple' Tax.
• PM Modi: GST is transparent and fair system that prevents black money and corruption and promotes a new governance culture.
• PM Modi: GST is a catalyst that will remove all imbalances in the economy and market.
• PM Modi: There was confusion due to the taxation system in the country. We are now going to get rid of that.
• PM Modi: From Ganganagar to Etanagar, from Leh to Lakshadeep - One nation, one tax
• PM Modi: Just like Sardar Vallabhai Patel brought the entire country together. Through GST, we have managed to come together.
• PM Modi: The best brains of the country worked on making GST possible.
• PM Modi: At midnight, we have all come together to secure the future of our country.
• PM Modi: GST is the result of a combined effort of all the political parties, not a single party.
• FM Arun Jaitley: We ensured that there was no unnecessary burden on the weaker sections. '
• FM Arun Jaitley: New India will create one tax, one nation, one market.
• FM Arun Jaitley: The tax reform comes at a time when the world is facing slow growth
• FM Arun Jaitley: GST is a journey will India will awake to endless possibilities. The old India was economically fragment. The new India will have one tax, one market. It will be an India where the Centre and the states work together towards the common goal of shared prosperity.
• FM Arun Jaitley begins address, says we have assembled for an important movement in the journey of our great nation