GST’s IT backbone faces litmus test in August

The roll-out of the goods and services tax (GST) from 1 July on the back of information technology systems that will reduce human discretion and chances of corruption will face its first test in August, when millions of invoices filed by businesses and traders will be matched to ensure there is no “tax on tax” on transactions in a seamless market of 1.3 billion people. Central and state government…