GST Countdown: People Keep Complaining; It Doesn’t Make Sense, Says Adi Godrej
By Team Legistify / 2017-07-01

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Over the last several months, i ndustry bodies and businesses have been clamoring for a deferral of the implementation date for the Goods and Services Tax (GST) regime. Among them, a lone voice of veteran industrialist and Chairman of the Godrej Group, Adi Godrej, had recently said that those asking for a postponement of GST are mainly tax evaders. In an interview on BloombergQuint’s special series, GST Countdown , Godrej said that the request to defer the date didn’t make any sense.

Here are edited excerpts from the conversation.

Q- Would you say that those who are asking for the deferral of the July 1 deadline woke up too late?

Yes. GST was to be implemented long time ago. The last time the government had announced that it will be implemented from April 1. They deferred that to July 1. People keep complaining; it doesn’t make sense.

Q- You have said in the past that GST is a big reform and that it is going to add 1.5-2 percent to our GDP. By when do you expect these numbers to reflect in the growth of the economy?

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