From GST introduction to potential decriminalization: How does it impact businesses

Around five years back, the introduction of Goods and Services Tax (GST) came as a transformative move that aimed to digitize the complete process of tax collection and administration. It was implemented to standardize taxation on the supply of goods and services by consolidating around 17 major taxes and 13 cesses. Essentially, the GST was designed to make the taxation processes transparent, simp…