Customers & firms to reap benefit: V S Parthasarathy

Also says, there is no significant cost involved in preparation for the GST

With auto companies going through elaborate preparations to migrate to the good and services tax (GST) regime, Ajay Modi speaks to V S Parthasarathy, group chief financial officer and group chief information officer at Mahindra & Mahindra, on how the company is gearing up for the new indirect tax system. Edited excerpts:

Is there a significant cost to this preparation?

We are spending time and a lot of effort and working closely with our ERP (enterprise resource planning) vendor, viz. SAP. There is no significant cost involved in preparation for the GST.  A large part of the preparation is being