Value Added Tax (VAT) was adopted from France. France was the first country to implement this tax system, doing so in 1954. The French economist Maurice Lauré introduced this concept, which was subsequently adopted by more than 175 countries worldwide. India's GST (Goods and Services Tax) system is primarily based on Canada's Dual Model, which was implemented on July 1, 2017. It is a destination-based tax shared between the Centre and the States, comprising Central GST (CGST) and State GST (SGST). #🆕 ताजा अपडेट #🇮🇳मेरा भारत, मेरी शान