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Govt ignored warnings from private companies over GST rollout: Sources

The GST law was debated for decades, industry had enough time to prepare, and glitches are being fixed, a finance ministry spokesman said

Reuters  |  MUMBAI 

The Indian government ignored several warnings from private companies that the complex technology required for a nationwide goods and services tax (GST) to work smoothly was not ready for launch, several people who worked on the project said. Weeks before the July 1 start of India's biggest tax overhaul in decades, the government declared itself ready and chided industry experts who said more time was needed to prepare for the changes. "It's not a complicated process," Finance Minister Arun Jaitley said on June 20. However, more than 10 tax and IT ...

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First Published: Fri, December 15 2017. 17:51 IST
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