Govt needs a carrot-and-stick policy for better GST collections

Two years after introducing a poorly thought out, and hastily pushed through, Goods and Services Tax ( GST ), the government is grappling with a botched system. Middlemen and canny businessmen are gaming the system.  By the Centre’s own estimates, the administration succumbed to Rs 45,682 crore in GST fraud by mid last year. The government must shift to a single rate and introduce a credit sc…