The simplicity of GST for which it was propagated turned out to be more complex for businesses. Chief economist Madan Sabnavis of CARE Ratings says there has been some fine-tuning especially in terms of tinkering rates across some goods as well as looking at exemptions when it came to MSME through the composition route. However, three issues, which continue to be of concern, are the reduction of slabs to make it simpler along with price benefits to reach the customer. Second, based on FY 21 experience, the centre has to revisit the issue of compensation to states because when drafted it was never envisaged that economy could slump leading to tax shortfalls. Lastly, we need to get petrol/fuel into the ambit to runaway inflation. “With uncertainty due to the pandemic and future lockdowns, a solution has to be found,” he adds.