On 1 July 2017, Goods and Services Tax (GST) became a reality. The government hailed it as the biggest tax reform of independent India which would herald a new freedom for the nation and unify it with 'One Nation One Tax. Some of the claims made by the government were that GST would bring about ease of doing business; increase tax collection; lower inflation; increase GDP growth by 1-2 per cent; and check the black economy. More than a year later, we have more questions than answers. Why did the economy slow down? Is the government likely to collect more taxes? Why have prices continued to rise? Why has Malaysia withdrawn GST? Turns out that problems with GST are both transitional and structural.