“It typically takes four to five weeks to customise, test and implement a solution for a client once the full technical configurations are known,” says Arun Gupta, a chartered accountant and tax consultant, who has been advising several small and medium enterprises on their GST-readiness. Gupta estimates that around 60 per cent of SMEs are yet to start the transitional process to the new indirect tax regime. IT industry players noted that the GSTN could release the APIs only after the bulk of final GST rules got the go-ahead from the GST Council in its June 3rd meeting.
Some GSPs are still batting for additional time for implementation. “More time would help in getting awareness of the recently finalised rules down to the last mile systematically so that businesses can transition more smoothly,” says Tejas Goenka, executive director, Tally Solutions. July is a rushed deadline whereas September would be more comfortable for everyone involved, he adds.
Some GSP players indicate that the broad objective of the government seems to ensure that the GST portal is ready by July 1 deadline to take the load of registration, filing of invoice and return. Following a phased approach, “the linking of the GSTN to GSPs may be pushed back by few weeks,” added head of one of the GSPs.
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