GST @ 5 Years: The Union Govt and States Can't Ignore the Most Contentious Bits Any Longer

India’s goods and services tax (GST) regime was launched with much fanfare on July 1, 2017. It was marketed by many  as the nation’s second ‘tryst with destiny’ , a reform that would unify the country by creating a single market while ushering in excellent ease of doing business. It was said that gross domestic product (GDP) would rise by 1% to 2%, inflation would decline with the elimination…