The law is still a work in progress, and the process of evolution cannot be removed in such a complex trip. In the future, the government should continue to take steps to fulfil its promise of a "Good & Simple Tax."
GST was a huge bargain when States gave up their rights to collect sales tax while the Centre gave up excise and service tax. Australia also shares the GST anniversary with us where the rates have been constant at 10%. Thus, a single rate in India can be a huge reform, and a matter of discussion too! But there is an urgent need for structural reforms in GST, in order to be a leading economy.
Congress consulted Army Generals, Economists, Small Entrepreneurs, Students- to condemn Surgical Strikes, to justify NYAY scheme, to condemn GST, to condemn Skill India. But what the outcome was, is still a suspense.
The phenomenal rise in the number of returns filed, income tax collections and GST filling post DeMo clearly suggest that it has successfully influenced people to pay taxes and restrain from black money.