Articles 10th Jul 2025

GST at Eight: Evolution, Challenges, and the Way Forward – A Legal Perspective

Authors

Darshan BoraPartner | Bengaluru
Teesta BanerjeePrincipal Associate | Bengaluru

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Darshan Bora, Partner and Teesta Banerjee, Principal Associate Economic Laws Practice (ELP) share their views on “GST at Eight: Evolution, Challenges, and the Way Forward – A Legal Perspective” for Bar and Bench.

This article provides a comprehensive analysis of India’s Goods and Services Tax (GST) regime on its eighth anniversary. It explores the evolution of GST from a compliance tool to a strategic boardroom issue, discusses key challenges such as transitional credit issues, related-party transactions, and sector-specific litigation, and offers actionable reform suggestions including rate rationalization, credit streamlining, and faster dispute resolution.

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