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Goods and Services Tax

FMCG, automobile firms await clarity

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“The bigger challenge is the piecemeal distribution of legislative structure-related information in public domain with the model law already having being modified few times. This poses a big challenge for India Inc to finally assess the tax implications of various transactions in GST regime, which then have to be implemented into ERP platforms which itself is a mammoth task.”

Krishan Arora
Partner, Grant Thornton India LLP

This article was originally published in The Hindu Business Line.