The successful 5 years of GST: Sethurathnam Ravi, former BSE Chairman shares his views
Sethurathnam Ravi (S Ravi) is the former BSE Chairman and founder of Ravi Rajan & Co. Presently, Mr. Ravi holds the position of Non-Executive Chairman of Tourism Finance Corp. of India Ltd. and Director & Managing Partner at RRCA & Associates. Sethurathnam Ravi shares his views about the journey of GST in India as it completes five years since introduction. According to Mr. Ravi, when the GST was introduced 5 years ago there were a lot of misgivings about how the centre and state governments will work together regarding the tax collection and how the distribution will work. In Sethurathnam Ravi’s opinion, compounded with this issue was the platform issue. At the time of the introduction of the GST, there was also the interpretation and the awareness issue from the SSE and it had also created a lot of confusion in that, he says. S ethurathnam Ravi also explains the other obstacles that were on the road of GST until its successful acceptance. He says t...