How GST changed import duty revenue for states—no blame, more profit

Everyone these days is talking about tariffs. India has been accused of being a tariff king, suggesting that the country keeps its tariffs high. The United States President Donald Trump has levied additional tariffs of over 50 per cent on imports of most goods from India. Indian exporters are, obviously, worried and concerned. But this piece is not about whether India’s tariffs are high. Nor is it…