The disjunct between the promise and reality of GST | Opinion

The Goods and Services Tax regime completed three years on July 1. The concept of GST came in 2005 when the Vijay Kelkar-led task force submitted its report and recommended the replacement of all indirect taxes with GST. Even earlier, then finance minister Yashwant Sinha constituted a seven-member Expert Group on Taxation of Services as per his budget speech for FY2000-01. The expert group led by…