GST

Taxing times

Print edition : July 21, 2017

President Pranab Mukherjee and Prime Minister Narendra Modi press buttons for the launch of the Goods and Services Tax at midnight at the special ceremony in the Central Hall of Parliament on July 1. Photo: PTI

At a vegetable market in Tiruchi, Tamil Nadu. Given the chain of transactions that GST involves, small units will be forced to be compliant in order to survive. Photo: B. Velankanni Raj

The launch of the Goods and Services Tax amidst great fanfare, but without adequate preparation, marks a continuum with demonetisation and threatens the viability of millions of small and medium enterprises.
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