GST reforms long overdue with too many rates: Jamshyd Godrej

Jamshyd Godrej, Managing Director of Godrej & Boyce, has said that the Goods and Services Tax (GST) was long overdue and underlined the need for resilience in the face of global disruptions.

- TBG NETWORK

Speaking on the sidelines of the Visionary Leaders for Manufacturing (VLFM) program, a flagship Indo-Japan program at Mumbai, he recalled the challenges that came with the introduction of GST amid political compulsions with too many rates, but welcomed the progress made since then.

"On GST? Yes, yes, of course. I think it's long overdue. I think we all said, you know, when GST was announced that there were too many rates, there were political compulsions, et cetera, but whatever it is, I think it's good that we are on the job now," he said.