The GST tax reform was introduced in India after the GST council met 35 times since its inception. It has undergone many changes in two years. The biggest dampener was the compliance process as information technology glitches took more than the anticipated time to be resolved. The filing system that was put in place in the beginning was quickly abandoned as businesses struggled with compliance. The present research paper presents the theoretical study of the GST as an economic reform and the tax implications therewith.