GST has brought a lot of discipline in the financial dealings of the corporate/individual sector. A company like HUL or ITC cannot sell goods and services without paying GST. It has helped in the white economy, ease of doing business, and matching of figures and calculations, Revenue Secretary Tarun Bajaj said in an exclusive conversation with Business Today TV Managing Editor Siddharth Zarabi. On being asked about the drawbacks of GST, Bajaj said, there is a need to look at whether GST rates can be shrunk. So, the difference between similar products is not there and they fall into one category rather than different categories, Bajaj said here.

Source: Business Today
https://www.businesstoday.in/bt-tv/easynomics-with-siddharth-zarabi/video/india-aims-for-fewer-gst-slabs-revenue-secretary-tarun-bajaj-354721-2022-11-30