7 critical GST flaws govt needs to address at the earliest

Going by the Centre's refusal to honour its commitment on the Goods and Services Tax (GST) to compensate states for giving up their constitutional rights to levy tax and the consequent loss of their source of revenue, there is a real danger of it being derailed and end "cooperative federalism" with it.  It is no secret that the GST's design was seriously flawed and its implementation was equa…