The Gist of GSTN

$2.68

As I started reading up on the Goods and Services Tax (GST) Bill as it was being readied, I was struck by its noble ambition – being a single tax collector which will allow goods to move seamlessly across states, languages and reach the destination in a time that is a fraction of what it is today. What was even more impressive was the stated goal of the Cyber backbone that was going to run this engine – The Goods and Services Tax Network (GSTN). If designed correctly, GSTN can create thousands of jobs for computer programmers who can build models, analytics, forecasting etc. so that the nation as a whole can weather droughts/ natural calamities etc. easily as all the information will be available on the touch of a button.

Description

As I started reading up on the Goods and Services Tax (GST) Bill as it was being readied, I was struck by its noble ambition – being a single tax collector which will allow goods to move seamlessly across states, languages and reach the destination in a time that is a fraction of what it is today. What was even more impressive was the stated goal of the Cyber backbone that was going to run this engine – The Goods and Services Tax Network (GSTN). If designed correctly, GSTN can create thousands of jobs for computer programmers who can build models, analytics, forecasting etc. so that the nation as a whole can weather droughts/ natural calamities etc. easily as all the information will be available on the touch of a button.

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