Business Standard

GST: Present at the creation... and beyond

The story of India's fledgling indirect tax regime goes back a long way before 2000

Illustration by binay sinha

Illustration by binay sinha

Shankar Acharya
Reader alert: This piece is a bit like a memoir in parts and, as a consequence, the dreaded pronoun ‘I’ appears rather too frequently.

A column in July 2017 has to be on the newly launched Goods and Services Tax (GST), indubitably the most significant and complex tax reform undertaken in independent India. So much has been written on its merits and demerits, there is nothing really new I can add, except to caution that we will only find out the true economic, social and administrative benefits and costs of this nation-wide overhaul of indirect taxes in the months and
Disclaimer: These are personal views of the writer. They do not necessarily reflect the opinion of or the Business Standard newspaper

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First Published: Jul 12 2017 | 10:43 PM IST

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