Five structural changes to make GST simple, stable

NEW DELHI: Goods and services tax ( GST ), slated to be a good and simple tax, is now a toddler of 30 months. There is a consensus that it has been good in terms of reduction in effective rate of tax and supply chain efficiencies for businesses. However, industry is complaining that it has not been ‘simple’ and has increased the compliance burden.  It is, therefore, important that we look at…