Padding up for GST: A look back at some key lessons learnt, mistakes made

Siddharth Neogi, a senior finance professional, in a Noida-based mid-sized manufacturing company, and his team, have been working on the trot for the past two weeks. So has a team of IT professionals of the company’s systems department, along with some external tax consultants. The task at hand seems a gargantuan one: Making all IT systems and processes GST-compliant. 

A company executive said that it was a touch-and-go situation: “Many businesses like us could not complete the trial testing of software because we were expecting the government to defer the implementation.” 

The company has now resorted to manual invoicing, which