GST Network GSTN) Starts Pilot Testing of Filing of Returns Gearing up for the roll-out of the country’s largest tax reform, the Goods and Services Tax Network (GSTN) is carrying out a pilot test on return filing. “It will be a live test using 4,000 taxpayers and will be conducted over this fortnight,” said a […]
GST – Race Against Time to Avoid Sales Tax Upheaval Across India India is scrambling to finalize technology to process as many as 3.5 billion invoices each month as it moves to roll out a landmark nationwide sales tax from July 1. The success of one of the world’s largest and most complex tax reforms […]
India has initiated an enrollment drive for taxpayers under the goods and services tax (GST), in keeping with the April 1, 2017 rollout deadline for the new indirect tax system.
GSTN, the company that is building the world’s biggest and most complex tax system, will borrow Rs 800 crore from banks to fund infrastructure costs to support Goods and Services Tax rollout from April 1 next year.
The structure of the board of the Goods and Services Tax Network (GSTN) has enough safeguards to ensure the government has strategic control of the entity.