Raise GST rates, but not without reforms

The launch of the goods and services tax or  GST in the whole country in July 2017 and its implementation in the last five-odd years have suffered from many policy mishaps. Obviously, their consequences have been adverse for the new indirect taxes regime. As the  GST completes five years of its operation in July 2022, a review of these mishaps would be instructive. The first mishap took…