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The Consumer & Retail sector is growing rapidly and is extremely dynamic. Due to constant disruption, managing business has become complicated and cumbersome.
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Our healthcare and life sciences advisory team brings together a combined experience of over 50 years to help businesses navigate through changes, new...
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At Grant Thornton in India, our automotive team works with a wide variety of clients to help them achieve their goals and increase shareholder wealth. Our...
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M&E practice encompasses team of dynamic professionals with deep technical knowledge and extensive experience of working across segments say television, print,...
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At Grant Thornton, we assist dynamic Indian businesses in the Real Estate & Construction sector throughout their business life cycle by offering robust...
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Goods and Services Tax
Two Options for Govt if GST not Launched by Sept 2017 : Experts
13 Dec 2016
“It is imperative that the GST is implemented at the earliest, else post mid-Sept 2017 there would be an issue that in absence of legislative backing, taxes could not be levied. The issues arising from demonetisation should be short lived, and in the long term it should act as an enabler for the GST regime with more and more businesses becoming part of the formal supply chain, thereby helping government achieve the twin objectives of bringing in more transparency and increase the overall tax base.”
Vikas Vasal
Partner, Grant Thornton India LLP
This article apeared in Economic Times on 13th December, 2016.
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