GST rates: We are caught in a cleft stick
“Lalayet pancha varshani, dasha varshani tadayet.” This is a Sanskrit aphorism, sometimes ascribed to Kautilya/Chanakya. I have quoted the first half of the aphorism. “Nurture a child for the first five years and strike him with a rod for the next ten years.” GST was born on 1 July 2017, though a long period of time elapsed between original conception and final delivery. After this July 1, GST wil…