One year of GST: Rationalisation of slabs would be on agenda soon, says CEA

Certainly, easing of disruptions has been way faster than it was expected, said outgoing Chief Economic Advisor, Arvind Subramanian

At the function to mark one year of Goods and Service Tax, outgoing Chief Economic Advisor Arvind Subramanian was singled out by Union Minister Arun Jaitley, Finance Minister Piyush Goyal, and Finance Secretary Hasmukh Adhia, for his contribution and advice in implementing the nationwide tax. Speaking to Arup Roychoudhury on the sidelines of the event, Subramanian said that now that revenues have stabilised, the process of bringing down GST to a three-rate system should be sooner than expected.
 
What has been your biggest takeaway from GST in its first year?
 
The biggest thing has been that despite all