https://www.taxtmi.com/forum/issue?id=111566 Preparation for the Goods and Services Tax requires enumerating and categorising existing transactions, simulating GST scenarios to identify changes in tax incidence (including inter state stock transfers and integrated tax implications), and collecting statutory forms and export proofs. Organisations should update powers of attorney, involve cross functional teams to review invoice formats, accounting entries and warehouse structures, and prioritise internal "as is" process documentation so that adjustments to software and business processes can be made once the final law and rates are published. en-us Wed, 01 Mar 2017 09:59:34 +0530 Thu, 23 Jan 2025 15:56:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=111566 Preparation for the Goods and Services Tax requires enumerating and categorising existing transactions, simulating GST scenarios to identify changes in tax incidence (including inter state stock transfers and integrated tax implications), and collecting statutory forms and export proofs. Organisations should update powers of attorney, involve cross functional teams to review invoice formats, accounting entries and warehouse structures, and prioritise internal "as is" process documentation so that adjustments to software and business processes can be made once the final law and rates are published. Discussion-Forum GST Wed, 01 Mar 2017 09:59:34 +0530 https://www.taxtmi.com/forum/issue?id=111566