Prime Minister Narendra Modi said on Wednesday that the GST has been a milestone in the economic landscape of India as it has decreased the number of taxes, compliance burden and overall tax weight on the common man.

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With the Goods and Services Tax (GST) regime completing four years, Modi added that it has also significantly increased transparency, compliance and overall collection.

A nationwide GST, which subsumed 17 local levies like excise duty, service tax and VAT, was rolled out on July 1, 2017.