On the eve of the roll - out of the Goods and SErvices Tax on July 1, the government on Friday said that all technical and administrative arrangenments are in place for a smooth implementation of the new indirect tax regime.
"There should be no apprehension on GST as all tests are done, " Chairman GST Network (GSTN) Navin Kumar said at a panel discussion along with Revenue Secretary Hasmukh Adhia at the Aaj Tak conclave here on GST.
"I don't think that there was a single time we thought we will miss the deadline, " Adhia said.
"We have alternative arrangements if our systems fail, " Kumar said, adding that "we underestimate the talent of common people. . . they have the capacity to learn. "
Revenue Secretary Adhia explained that under the GST regime, the materials used to manufacture a product become an important consideration.
"We had brought out a list of 69 commodities which will become cheaper after GST, " Adhia said in this regard.
"In GST, the entire value chain will be covered, " he added.
"Inspector raj will end after GST, as refunds will be automated, " the Secretary said in the discussion on the GST and the digital economy.
The GSTN chief said that their digital systems were already being used by a staggering over 80 lakh assessees.
"It is not true that our portal gets hanged. . . 80 lakh people used it, " Kumar said.
Referring to apprehensions about the capacity of the information systems to handle the switch to the new tax regime, Adhia said: "Only ones who will get affected are the ones who will not pay taxes. "
Speaking at the conclave earlier in the day, Finance Minister Arun Jaitley said that some technical glitches are expected to occur in the change - over to a new system on such a large scale.
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