It’s like a war zone at the headquarters of the Goods and Services Tax Network (GSTN), the information technology backbone of the new indirect tax regime to be rolled out on July 1.
In his fourth floor office in Aerocity, the business district next to the international airport in New Delhi, GSTN Chief Executive Officer Prakash Kumar is clearly a man in demand. Small traders to India Inc majors, policy makers to consultants and lawyers, everyone wants a clear picture of the new tax system going live in a little over 20 days. The phones are ringing nonstop as team GSTN across Delhi, Mumbai, Bengaluru and other cities shuffle from one meeting to another.
In an interaction with Business Standard on Thursday morning, in between all the meetings and the phone calls, Kumar said not 20 but 50 days were left for the system to take off. “The first lot of GST returns would be filed only in August, so we have that much more time.’’
However, from July 1, the invoicing mechanism has to be in place. The July date is firm, he said, rebutting the buzz that a September roll-out option was still being considered.
What if things don’t go as planned? Was there any plan B or C?
via GSTN has 50 days to take off, says CEO Prakash Kumar | Business Standard News
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