Though the govt made compromises to implement the GST design, but what's heartening is its continuing resolve to respond to feedback and improve this tax reform
Any reform of the magnitude of the goods and services tax (GST) will encounter issues, and the last four months have seen angst about high rates, chaotic compliance and delayed flow of credits and refunds. This angst provided fodder for opposition criticism of GST, though they were party to the policy making body the GST Council. The government had to respond with an interim overhaul to control the narrative and that’s what we saw the GST Council deliver on 6 October 2017 and 10 November 2017.
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