August 22, 2016 9:16 PM

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Revenue Secy reviews IT preparedness for smooth roll-out of GST

Revenue Secretary Dr Hasmukh Adhia today reviewed IT preparedness of the various stakeholders for smooth roll-out of Goods and Services Tax. Representatives of Reserve Bank of India, RBI, Principal Controller of Communication Accounts, CCA, Central Board of Excise and Customs, CBEC, Heads of Government Business and IT Heads of 29 Banks and Goods and Services Tax Network, GSTN took part in the meeting.<br/><br/>Realizing the criticality of IT preparedness of various stakeholders, the Department of Revenue has been regularly monitoring the progress of IT preparedness of various stakeholders. In the meeting, the status of preparation of software by the Banks, RBI, Principal CCA Office, CBEC and GSTN were discussed along with details of protocol of information interchange between the various stakeholders. <br/><br/>All authorized banks were directed to ensure that their IT systems are in place for networking with RBI, GSTN and the accounting authorities of Central and State Government authorities, latest by 30th of next month.

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