Finance Minister Nirmala Sitharaman highlights GST’s impact, noting tax buoyancy increase from 0.72 to 1.22 post-GST, with state revenues remaining robust at 1.15 even after compensation ends. Without GST, states would have garnered Rs 37.5 lakh crore; with GST, actual revenue hit Rs 46.56 lakh crore. Sitharaman dispels myths about GST’s distribution, emphasizing states’ significant share and pro-poor tax reforms. She inaugurates Justice Sanjaya Kumar Mishra as the first President of the GST Appellate Tribunal, marking the tribunal’s vital role in settling GST disputes.