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Best of BS Opinion: GST's high point, clarity on bitcoin, and more

Here's a selection of Business Standard opinion pieces for the day

China, economy, gdp
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Illustration: Binay Sinha

Kanika Datta New Delhi
The goods and services tax (GST) collection reached a record Rs 1.15 trillion in December, the third consecutive month of collections in excess of Rs 1 trillion. The government is inclined to project this performance as a potent sign of economic recovery. This is misleading. A festive season bump, payment backlogs from previous years and improved compliance via the extension of compulsory e-invoicing have all contributed to the December surge. It is a pointer, perhaps, to the need to stick with more compliance-enhancing procedural reforms, the top edit suggests here.
 
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