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GST reform just a first step to making it good and simple

The task must now be to make it simpler and easier to use so that it truly becomes the long-awaited Good and Simple Tax.
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One tax: By placing the entire category of food into the lowest 5 per cent slab, it no longer matters whether popcorn is sold in the salted, caramel, packaged or loose versions. Sandeep Joshi

THE overhauling of the Goods and Services Tax (GST) after a lag of eight years is a welcome reform. The only fault in the exercise is that it has been delayed too long. The GST system has been in dire need of simplification and rationalisation. Originally conceived as a single tax that would replace the multiplicity of levies comprising the indirect revenue structure, it ended up becoming a tangle of red tape.

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