Goods and Service Tax Network (GSTN)

GSTN:

The Dream of one nation one tax is coming true. It is like Titanic that will replace many small ships/boats, So, It was essential to form a team of professionals who can run, manage & control a ship like Titanic. And came into existence – Goods and Service Tax Network. (GSTN). To drive a ship like Titanic. 

GSTN will be the Face of GST.  Registration of Tax Payers, Fling of Returns, Approving Input Tax Claims, Maintaining Huge Data of about 3.5 Billion Invoices Every Month as Expected Now. Many Teams of GSPs, ASPs will be part of GSTN. Very Advance Payment Gateway.

Today Not Only Tax & Accounting Professionals but IT Professionals (Software, Hardware & Networking) also watching the Way, GSTN is going to Execute this Mega Show.  (Not Only India, But Whole World)

But things are not easy, It’s IT Firm itself was under scrutiny for tax evasion cases few days back, questions have already raised why 51% ownership to private companies, specially those owned by foreigners. Why not considered SBI that managed Receipt of Direct Taxes & Labour Laws and PNB That managed Custom and Excise for Decades successfully. Are we counting on right team/s, after all it is just not tax, Now it is like granting access on major part of Indian Economy. Thanks. [GstSutras10] #SukhF_GST