Overall, GST being evaded has been rising sharply, but recovery has failed to keep pace. Maharashtra is epicentre of GST evasion, with outsized share in both absolute & relative terms.
GST was first introduced in India on 1 July, 2017. But tax experts now call for key reforms, such as setting up tribunals for appeals and including petroleum products in the regime.
We now live in a world order that will keep shifting. India must use this window. This also means we remain disciplined enough not to be knee-jerked into reacting to what Pakistan sees as its moment in the sun.
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