Why government should continue with 4-rate structure for GST

India’s  goods and services tax ( GST ) would have risked a rollback had it become associated in the public mind with inflation, as it had in Malaysia recently. Thankfully, although some Indians are grumbling about the tax rates, complexity and compliance costs, there is no major stakeholder calling for GST’s outright repeal. At first glance, this is surprising. Indiais comparatively poorer t…