Saturday, 6 May 2017

In Last 20 years, World of Taxation has fully changed.

Almost 18 years ago, 8 am, Lodhi Road Premises, Me and My Boss were standing there, Last date to file ROC Return, We had about 4 returns of group companies. There were long queues on almost every counter.  Our CS had to leave for native place for some urgency, so we had to visit ROC Office. It was like mini trade fare. 100s or may be 1000s of accountants & professionals. Those used to be the place of Professional Networking when Linkedin and Twitter did not exist. Full day gone there.

8 years passed, ROC had initiated E-Returns. I went to Gurgoan’s Udyog Vihar’s Facility Centre, The Guy who was receiving returns, checked my return and said, sorry sir, it can’t be filed. I asked, why? He replied size of pdf file is exceeding the limit. It took us almost 2 hours to scan 50 pages. I thought, again had to rush to office and scan with lower resolution. But that Guy, said, “Don’t worry Sir, We’ll help you.” He put all papers in Scanners Tray (That Year, Return was submitted in both modes, manual and electronic) and just in 2 minutes, our file was ready. He said, We are here to help you sir. This is high technology scanner of 5 Lakh Rupees. It was an amazing experience. From long queues of Lodhi Road Office to AC Facility Centre of ROC.

Today When I thought to write on admin part of GST, What Infra & Technology will be used, who would be stakeholders, How large volume of Tax Payers with billions of Transactions would be managed? These two incidences, flashed in my mind. In almost 20 years, World of Taxation has fully changed and this journey is yet not finished. Next Post would be on GSTN. Thanks.


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