News
37 returns instead of 13: One of the many challenges threatening GST rollout
- Date:
- June 10, 2017
- Source:
- Economic Times
A small-scale manufacturing company with operations in only one state will have to file a minimum of 37 returns instead of the current 13 once the goods and services tax (GST) goes live from July 1, increasing work for industry, accountants and banks, according to an IndiaSpend analysis. With the deadline for the GST less than a month away, finance professionals, banks and industry seem unprepared…