GST hiccups: Rush job may cause more pain later

The GSTN (Goods and Services Tax Network) had shut down on August 30 and 31.

T N C Rajagopalan  |  Vadodara 

It was clear by the end of August that the government had rushed into the goods and services tax (GST) regime without adequate preparation.   “In any large tax reform, unforeseen difficulties may arise,” said Sumit Dutt Majumdar, former chairman of the Central Board of Excise and Customs. “But the problems we have today are not unforeseen.”   The GSTN (Goods and Services Tax Network) had shut down on August 30 and 31.   Beginning September, taxpayers started filing returns for outward supplies for July in form GSTR-1. As their problems had not ...

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First Published: Thu, September 21 2017. 00:17 IST