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Daily Tax Quote

Indian IT Systems Ready For GST

by Mary Swire, Tax-News.com, Hong Kong Friday, May 12, 2017

India's Revenue Secretary has said the country's IT systems are ready to properly administer the goods and services tax, to be rolled out across India on July 1.

Hasmukh Adhia said he had been briefed on the Goods and Services Tax Network (GSTN), the central platform for the administration of GST, and about efforts to reach out to Indian firms to educate them on how to comply with the new regime.

According to the Government, of 62,937 tax officials, 24,668 tax officials have been given hands-on training concerning GST registration, payment, and return filing, and the remainder will be trained by June 15, 2017.

Until May 16, the Government is running a pilot with 3,000 taxpayers to test the GSTN system.

According to the Government, so far, as of April 30, 2017, when phase one of enrollment was closed, six million taxpayers out of 8.4 million had enrolled.

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