The Evolution and Challenges of India's GST

This chapter explores the development of India's Goods and Services Tax (GST), including changing revenue rates and the importance of adjusting tax slabs to align with consumer needs and market dynamics. It addresses the complexities surrounding the CESS and its impact on both businesses and consumers, while proposing necessary reforms for better clarity and dispute resolution in the tax system. Overall, it reflects on the successes and future potential of the GST as a pivotal reform for India's economy.