India Inc not ready for GST: Sumit Dutt Majumder

With no concrete rules & regulations under GST bill, India Inc is still fixated on how to move forward with the draft GST laws. Another hurdle for CFOs is the GST Network (GSTN) – the IT infrastructure (backbone) of uniform tax regime, which is not simple to tackle. As India Inc aligns itself to the new tax system, Sumit Dutt Majumder, Former Central Board of Excise and Customs (CBEC) Chairman & GST expert, discusses how India Inc should go on & prepare for this big move.