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IT distribution model needs to be changed under the GST structure

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IT distribution model needs to be changed under the GST structure

Rushabh Shah, President - Trade Association of Information Technology (TAIT)

 “When the GST bill finally rolls out on July 1 this year, it will transform the system of taxation in India by replacing all indirect taxes levied on goods and services by the Indian Central and state governments. Although GST has been touted as a simplified and easier tax regime, which it is, but all sectors are bracing up for a few surprises also. The entire concept of availment of input tax credit is all set to change.”