Ease transition

The multiple rates under the GST may create arbitrage opportunities due to 'mis-classification'

Ajay Shah’s article “Beware of premature load bearing” (June 26) conjectures a greater likelihood of systemic failure of “fledgling systems” while facing a new level of stress emanating from cases of insolvency and the goods and services tax (GST) roll-out. The arguments centre on the justification of “load-bearing capacity” to the discretion and stakes of officials involved in the insolvency resolution and GST implementation.

It is quite ostensible that the “six” elements listed by him should be present in the insolvency and bankruptcy council to fight against the risk of “organisational rout” or any negative externalities being borne out of the