- Complex Rate Structure: Four-rate structure (5%, 12%, 18%, 28%) plus 0% and 3% for gold.
- Exclusions: Alcohol, petroleum, electricity, land, real estate outside GST.
- High Threshold Limit: Exemption for businesses under Rs. 40 lakhs turnover.
- Informal Sector Burden: Many small businesses lack digital literacy, increasing operating costs.
- Heavy Filing Requirements: Especially for service providers.
- Inverted Duty Structure: Higher GST on inputs than on final products.
- Compliance Issues: Making traders move online, quality verification for e-way bills.
- Revenue Shortfall: States worried about revenue loss, leading to compensation cess.