New Delhi – PM Modi called GST as ‘good and simple tax’. At the gala of launching, Prime Minister said GST will eliminate the compounding effects of multi-layered tax system.This is a example of cooperative federalism as the centre and states together thrashed out the new law with consensus said Mr Modi. Furher he said besides being a transparent and fair system that will end generation of black money and corruption, GST will promote new governance culture that will end harassment at the hand of tax officials.