Why it’s important that we submit out comments against inappropriate/inconsistent provisions in GST at the preparation stage and not wait till the Implementation Stage-II
Government has allotted contract to Infosys for Development of GST Network for Rs 1320 Crores which is only a part of the entire cost involved in Implementation of GST. Just Imagine after the development of entire Infrastructure of not only GSTN but the compliance and administrative structure, if we all would come out and say that provisions in GST are Impractical , what would be the cost involved for such retraction or going back by the government on implemented provision and whose money would be at stake and whose money would be lost.
It’s the high time that we raise our voices against Inconsistent Provisions now and not leave it till the eleventh hour which would then involve loss of our hard earned tax payers money, bargains, agitations and representations.
It would be appropriate here to submit here that some of the compliance provisions involving return filing, registration, payment process and Refund process are very tough and it would be a hard nut to crack after the implementation of GST to follow them.
It’s not impossible and definitely a dire certainty that there would be people raising their voices after implementation of GST against such inconsistent provisions. Compliance to some of the provisions would involve substantial manpower and financial resources and majority of the businesses would even go to the extent of questioning their relevance.
As per the news Reports, contract for development for GST Network has been awarded to Infosys for Rs 1320 Crore. It’s a food for thought to all, once the draft proposals are formalized and given shape and on that basis Government develops GST Network. Subsequent to outlaying Rs 1320 Crore on GST Network and incurring other cost on Implementation of GST in India, if the government has to back track on the system developed and have to modify the structure from slightest to major modifications, who would be bearing the cost for such modifications and whose money would be lost. It’s our hard earned money which we have paid in the form of taxes.
It would be relevant to highlight that as per the immediate past history, government has not been very responsive on backtracking of the provisions once implemented. We have seen how hard the government has been on back tracking the provisions first implemented in Companies Act.
It would not only involve substantial outlay of funds and administrative manpower but also there would agitations, bargains, representations, adamant government and dealers and last but not the least there would be huge loss of working man hours.
The government has asked for the comments by the stakeholders including general public on the draft process released by them in Oct, 2015. Previously, it was informed that the comments can only be submitted by October 31, 2015 but the discussion forum is still open and comments can be submitted till date also. We should submit out comments to the extent possible.