NEW DELHI: A day after the pan-India Goods and Services Tax (GST) came into effect, Revenue Secretary Hasmukh Adhia on Sunday cleared certain misconceptions about the new indirect tax regime.
"There are seven myths going around about GST which are not true. I want to dispel them one by one in form of myth and reality. Pl see these," Adhia tweeted.
Cautioning people against falling prey to rumours, Adhia said in a series of tweets that the process around the implementation and execution of GST will be transparent.
"Nothing to worry on GST implementation, don't need big IT infrastructure. Even B2B don't need big software. We will give free software," he said.
He posed the myth-reality binary on GST thus:
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