- GST has created a more formal, integrated national market by reducing cascading taxes, easing interstate trade, and expanding registrations to about 1.65 crore taxpayers.
- It is seen as a strong example of cooperative federalism, with the GST Council bringing the Centre and states together, mostly by consensus.
- Revenue collection has risen sharply over time, with average monthly collections now around Rs 1.80–1.85 lakh crore and record annual collections in 2025–26.
- Despite these gains, the text raises questions about whether GST has fully delivered on its promises, whether consumers are benefitting, and what issues still remain.
- The “way forward” is implied to involve rate rationalisation and continued सुधार/adjustment of the GST system.
Source: deccanherald.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
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