It’s been over 200 days since GST came in. Given the magnitude of changes it entailed, it may be premature to pass a verdict on its success, but there is enough to reflect as to what worked and what did not. This is a good time to explore new ways of doing business which are more efficient and largely driven by commercial imperatives. It is also the right time to assess the risks we need to mitigate as we navigate through this phase of frequent twists and turns in GST laws and processes.
This report tries to trace the first 200 days of GST, but more importantly, the current opportunities and challenges that stare at businesses as well as the Government.