Goods and Services Tax

GST implementation will be a market rally disruptor

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“Passing of the four bills in the Lok Sabha is a welcome move. However, considering that the allied rules, rate categorisations, exemptions etc are yet to be finalised, the government should also be mindful of the time that industry would need to smoothly transition into this landmark regime, for which 1 July 2017 deadline seems very tight.”

Krishan Arora
Partner, Grant Thornton India LLP

This article apeared in Business Standard on 30th March, 2017.