Hindustan Times (Lucknow)

PM reviews preparatio­ns ahead of GST July rollout

- Press Trust of India letters@hindustant­imes.com

Prime Minister Narendra Modi on Monday reviewed the preparatio­ns for the roll-out of the Goods and Services Tax (GST) regime from July 1 and said it will be “a turning point” in the country’s economy.

Describing it as an “unpreceden­ted” moment in the country’s history, Modi said the creation of the one-nation, one-market and one-tax system would greatly benefit the common man.

He took stock of various elements involved in the roll-out and directed officials that maximum attention be paid to cybersecur­ity in IT systems linked to the GST, the Prime Minister’s Office (PMO) said in a statement.

The GST, for whose roll-out a law was enacted last year, will overhaul the indirect tax regime in the country.

The meeting, which lasted for over two-and-a-half hours, was attended by Union finance minister Arun Jaitley and the topmost officials from the ministry of finance, the PMO, and the cabinet secretary.

Modi said that the implementa­tion of GST from July 1 is the culminatio­n of concerted efforts of all stakeholde­rs, including political parties, trade and industry bodies, the statement said. He described the GST as a “turning point for the economy, unpreceden­ted in history”, the PMO said.

During the course of the meeting, Modi specifical­ly reviewed aspects of implementa­tion such as IT readiness, HR readiness, training and sensitisat­ion of officers, query handling mechanism, and monitoring, the statement said.

Modi was informed that GST systems such as IT infrastruc­ture, training of officials, integratio­n with banks, and enrolment of existing taxpayers will be in readiness well in time for the July 1 implementa­tion date, it added.

Informatio­n security systems were also discussed in detail.

A Twitter handle — @askGst_GOI — has also been started for real-time answering of queries.

An all-India toll-free phone number, 1800-1200-232, has also been activated for this purpose.

MODI TOOK STOCK OF VARIOUS ELEMENTS INVOLVED IN ROLLOUT AND DIRECTED THAT MAXIMUM ATTENTION BE PAID TO TRAINING OF OFFICIALS, INTEGRATIO­N WITH BANKS AND IT INFRASTRUC­TURE

 ??  ?? Narendra Modi
Narendra Modi

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