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As the wait for the much-delayed goods and services tax (GST) nears its end, companies are working in mission mode to align their operations and are putting in place structures to deal with the new tax regime. While larger corporate entities are better placed in terms of the backend information technology infrastructure, streamlining operations by bringing all stakeholders on board remains their biggest challenge. Medium and small enterprises may need more time and the help of larger partners to meet the tentative GST deadline of July 1.
This article apeared in Business Standard on 31st March, 2017.
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