METHODOLOGY

Business Today and BMR Advisors approached a 66- strong C- suite audience (CEOs, MDs, Chairmen, Presidents and CFOs), tax heads and managers, and tax experts across sectors and sought their response to the introduction of GST. The survey questions were designed to garner their opinions on two key issues — industry’s perception about GST and its level of preparedness for migrating to the new tax regime. To develop the questionnaire, executives from BMR Advisors brainstormed on potential challenges ahead, perceptions about the new tax, nuances of the Model GST Law, the government’s readiness and what industry needs to have in place for a smooth transition to the new system.