Why was there no inflationary impact of GST?

In the din of initial glitches in the GSTN platform, a major triumph of GST implementation in India went unnoticed. The fact that there has been negligible or no increase in prices of goods, particularly FMCG, post introduction of GST, is by no means a mean accomplishment of the GST Council. Typically, one could expect the business in general not to miss cashing in on this potential opportunity by…