Get ready for GST regime : Finance Ministry to  Public sector banks
 Source : News Bharati English  Date : 12-Jun-2017

 


New Delhi, June 12 : 
Briefing about the recent developments regarding GST Revenue Secretary Hasmukh Adhia informed that all the public sector banks have to register separately for the effective roll-out of GST from July 1. He further underlined that banks are expected to set up the entire ecosystem for hassle free processing with in stipulated  time. 

Speaking to the media after attending the review meeting under the Chairmanship of Finance Minister Arun Jaitley Adhia said ,“Banks have to brace up for the Goods and Services Tax (GST), They can't say they are not ready” he said.