Sources suggest that government officials are burning mid night oils and working overtime to put together Goods and Services Tax (GST) architecture. It is also learned that officials are not allowed long leaves and are working over weekends to get the rules ready for GST.
The government is planning to complete the rules drafting within 45 days so that testing can begin as soon as possible.
“We want to push through with key stuff so that software can be tested,” said a government official involved in the process. State government officials are also part of drafting of rules that can be shared for feedback from stakeholder.
Companies too are already working on enterprise resource planning (ERP) software and an early draft of rules will allow them to expeditiously carry out changes and be ready in time for the GST rollout.
Rules are key to testing of IT systems. While there exists some uncertainty on implementation of GST by April 1, the finance ministry officials have no doubts over its on time roll out.