Business Standard

A GST that could get better with time

Imperfections in the GST structure and relaxations in procedures ensured a disruption-free roll-out

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A K Bhattacharya
Much to the government’s relief, the first few days after the roll-out of the goods and services tax (GST) have seen very little disruption in economic activity. Yes, traders in some cities and towns have gone on strike, but those have not lasted beyond a day or two. Supplies of goods and services have remained uninterrupted, though a few buyers have reported unavailability of some products. But there is certainly no disruption of the kind that was feared by most people. 

Why has this been so? A big change of this nature, collapsing 17 taxes and 23 cesses into one tax,
Disclaimer: These are personal views of the writer. They do not necessarily reflect the opinion of www.business-standard.com or the Business Standard newspaper

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