Podcast: One year GST ride for the auto sector
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It's been one year of the Goods and Services Tax (GST). The 14 year-long journey of the goods and services tax finally culminated last year with the implementation of what was touted the biggest tax reform of India in 70 years of independence. While the central government, under the leadership of Narendra Modi, hailed the new system as a Good and Simple Taxation system, the opposition parties were not quite as charitable.
They slammed the establishment for forcing a half-baked GST Regime over the taxpayers. All said and done, it’s been a year of GST and what we are doing today on our Editor's Pick of the Day is to look at auto companies and what they have experienced with one year of GST.
