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Sunday, December 22, 2024 | 08:13 PM ISTEN Hindi

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Letter to BS: Hopeful that one day GST will be a 'good and simple tax'

The removal of various central and state value added tax laws, barriers, transaction forms, different rates on one commodity are big achievements

(Illustration: Ajay Mohanty)
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(Illustration: Ajay Mohanty)

Business Standard
This refers to “GST: An unappreciated reform” by Mukesh Butani and Tarun Jain (June 29). I fully agree with their views on GST. Rolled out three years ago, the goods and services tax or GST was the biggest reform in indirect taxes system in India. Initially, all cha­nges are subject to challenges, criticism and difficulties. It was a new system after 70 years. We have to be accustomed to a new system. A lot of learning is needed for the businesses, government departments, the legislatures and the various arms of the judiciary and this process needs time.

However, the return system

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