Why GST exemptions would prove to be a bane rather than a boon

Now that more than a year has passed since the GST implementation, and the revenues are more or less steady, and considering the fact that the general elections are scheduled for next year, expectations that the government should exempt more and more goods and services from GST levy are high. In the last GST Council meeting, many decisions were taken concerning GST exemptions. On the face of it, e…