To help GST take a quantum leap, keep it simple

The Insolvency and Bankruptcy Code (IBC) and the Goods and Services Tax (GST) stood out as key structural reforms in the previous tenure of the Narendra Modi government. Though there is some delay in resolution of cases, IBC has gained momentum, and important amendments have been made to address operational concerns. The Supreme Court judgment on the matter of Essar Steel has also healed wounds an…