Two years on, still not a good and simple tax: What ails the GST regime

The last  GST Council  meeting had given a two-year extension to the National Anti-profiteering Authority (NAA), postponed the deadline for filing annual returns by two months, and avoided voting by deferring the contentious issue of GST rates on lotteries. All these issues tell a story of unresolved matters in the indirect tax system, now entering its third year. Then there are issues c…