Taxsutra Special - Panel Discussion on “GST @ 5” with Stalwarts V. Lakshmikumaran & Rohan Shah!!

Episode Duration:
60 minutes

Episode Background:
We all can agree on one fact - the roller coaster of a ride that the first five years of GST have been! Well, another fact is that this ‘One nation, One tax’ succeeded, to a great extent, in bringing everybody, from Kashmir to Kanyakumari on board. The regime, rolled out on the midnight of June 30, 2017 amid much fanfare, has since simplified business processes, tax administration and compliances in India. After some teething troubles and tepid collections, the GST revenue has gathered pace over the last 2 years, with the collections in June this year attaining a robust Rs. 1.45 lakh cr., and clocking the highest gross cess.

All the same, the last 5 years have also been flooded with hundreds of Circulars and Notifications, with lots of proactive decisions by the GST Council. And of course when it comes to India, litigations are galore. So while it may be a glass half full with having achieved the objective of 'One Nation, One Tax', whether it has lived up to its promise of a “Good and Simple Tax”, remains an open question! 

What shall the episode cover?
To walk you down the 5-year lane, Taxsutra is delighted to present a special Panel Discussion on “GST @ 5”. The stellar panel is comprised of Stalwarts Mr. V. Lakshmikumaran (Founder and Managing Partner, Lakshmikumaran & Sridharan Attorneys) and Advocate Rohan Shah. The Panel shall deliberate on the GST journey so far, as also the just concluded and much discussed, 47th GST Council Meeting. The panel is moderated by renowned financial journalist Mr. Govindraj Ethiraj.