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GST rollout: India Inc prepared for India's biggest tax reform from July 1

CII is organising over 100 workshops across India to enable corps to comply with new regulations

Press Trust of India  |  New Delhi 

GST, tax, economy, currency
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The (CII) on Sunday said that India Inc is ready for the implementation from July 1, as the new indirect tax regime will contribute significantly towards economic growth, and expansion.

"has been finalised after a collaborative and consultative approach and we look forward to its introduction," Director General Chandrajit Banerjee said.

" the most significant indirect introduced in the country since independence," he added.

The industry body is organising over 100 workshops across the country to enable enterprises to comply with the new regulations.

The workshops are expected to reach out to around 5,000 enterprises.

Further, a helpline has been established where participants can request for clarifications.

An awareness has also been launched to inform industry about the processes related to (GST).

First Published: Sun, June 18 2017. 13:50 IST