CBEC is hoping that the IT systems for GST will be up and running by January 2017. This is dangerously close to the proposed April 2017 rollout, and does not offer much time to remove glitches that will inevitably be there in the first version.
GSTN has given the contract for IT backbone to Infosys. Let me put this in context. This year,
Infosys started managing the MCA website and basically murdered it. Companies couldn't file any forms, and searching for corporate information threw absurd values, like zero paid-up capital. Several months later, the site remains shoddy and uploading any form continues to a nightmare.
I am concerned that this incompetence may be replicated in GST. Not just that people may find that they cannot pay taxes and file returns in a timely manner. But that the software may fail to compute data as to which State has to receive or pay how much to the Centre for adjusting IGST on interstate transactions.
No comments:
Post a Comment