Despite the unification of multiple indirect taxes such as excise duty, services tax and state-level VAT, and sales tax into a single regime, the GST system has faced several criticisms since its inception in 2017.Several weeks ago, Finance Minister Nirmala Sitharaman said the government was very close to initiating a major overhaul of the GST regime, but nothing has happened thereafter – not even a word on when the GST Council would meet next.
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