NEW DELHI: Government today reviewed IT preparedness of various stakeholders for smooth rollout of the goods andservices tax (GST) and directed all banks to ensure their IT systems are in place by September 30.
A meeting in this regard was chaired by Revenue SecretaryHasmukh Adhia, the finance ministry said in a statement.
“All authorised banks were directed to ensure their IT systems are in place for networking with RBI, GSTN and the accounting authorities of central and state government authorities, latest by September 30, 2016,” it said.
Representatives of RBI, the Goods and Services Tax Network (GSTN) , principal chief controller of accounts, Central Board of Excise and Customs (CBEC), heads of government business and IT of 29 banks took part.
Realising the criticality of the issue, the Department of Revenue has been regularly monitoring the progress of IT preparedness of various stakeholders.