I just created an Archive on Demonetization – the so-called “surgical strike” on Black Money in India. There was another “masterstroke”, a “bold and massive reform” a “game changer” since Demonetization – The Goods and Services Tax (GST). Everything that the current Government does is touted as a Game Changer (I wrote a blog on it). However, with GST the Government took hyperbole to another level. They called it as “India’s new Tryst with Destiny” and to mimic the original Tryst with Destiny (the one involving Nehru – hope you remember who that person was), the Government held a mid-night session to launch and celebrate GST.
I have been following the GST discussion/debate for some time new. Our IIM-A professor had briefly educated us on GST in early 2016. GST was not as controversial as Demonetization – there was a large consensus that GST as a concept is good. The devil was in detail. The implementation part of it. And since its hasty launch on 1st July 2017, GST is proving to be a nightmare – more worrisome than Demonetization. So I read and watched few good videos on GST.
I thought of creating another Archive for GST to keep track of all good material on GST. The list is not long as of now but it is very informative. Arvind Datar, a prominent lawyer, and author has extensively talked against GST and some of the key issues he spoke of are clearly evident now. He called GST as “the most terrible thing that will happen to the country”
Do watch the first two talks by Arvind Datar on GST: