Calls for delay to India’s long-awaited goods and services tax

Businesses that have lobbied for years for India to replace its morass of regional taxes with a national goods and services tax (GST) are now calling for a delay because of the bureaucratic complexity of adopting an imperfect new system by the July target. “July 1 is optimistic, it is not realistic,” said Harpreet Singh, a partner at KPMG India. “This gives the industry just three months to prepar…