The Bumpy Road to Economic Recovery: How GST Reforms Are Failing to Deliver The past year has seen mixed results from India's Goods and Services Tax (GST) reforms.
On one hand, the reforms have been successful in boosting automobile sales, with 29 million units sold during the 11 months ended August 2026 – a notable increase from the previous year's numbers.
However, this success is largely due to a lower base of previous year's sales rather than an actual increase in demand. The automobile sector has been one of the most significant beneficiaries of the GST reforms.