International Research journal of Management Science and Technology

  ISSN 2250 - 1959 (online) ISSN 2348 - 9367 (Print) New DOI : 10.32804/IRJMST

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GST: CHALLENGES TO THE EXISTING ERP SYSTEM

    1 Author(s):  MS. CHARU SINGH

Vol -  7, Issue- 11 ,         Page(s) : 26 - 29  (2016 ) DOI : https://doi.org/10.32804/IRJMST

Abstract

The Goods and Service Tax (GST) would be a Value Added Tax (VAT) to be implemented in India. This will be one of the most significant tax reform post-independence era. All the stakeholders i.e. Corporate, Foreign Investors or Government are taking high interest in GST tax code. Many times, the credit of Chinese high growth in the 1990’s, give to their indirect tax reforms. By when GST will be implemented, it is largely depending on the decision of Parliament. Mr. Prime Minister and Mr. Finance Minister are continuously working to remove the concerns of the stakeholders & political parties and to make consensus so that GST can be implemented soon and they can mobilize this as an achievement of their government in General Election of 2019.

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