Experts agree that the GST is seriously flawedbut this can be remedied provided we recognize that this is only a beginning
The goods and services tax (GST), which will come into force on 1 July, is indeed a big deal. It needed a constitutional amendment to empower the Centre to tax goods beyond the production stage and the states to tax services, and this has taken a long time. Then finance minister P. Chidambaram, in his budget speech for 2006, set the target of moving a Constitutional Amendment Bill in 2010. It was moved by United Progressive Alliance finance minister Pranab Mukherjee in 2012, but could not be passed before the election. The National Democratic Alliance government took up the baton after coming to power in 2014. Fortunately, differences were resolved and the Bill was passed in 2016 with a unanimous vote in the Rajya Sabha, where the government does not have a majority. Indian parliamentary democracy can take a bow.