The proposed Goods and Services Tax (GST) has been in the making for a decade now. It is a destination-based consumption tax that aims to end economic distortions and develop a common national market. The government has been working towards building consensus on various aspects of the tax reform, and, to keep the industry informed, has been issuing draft reports on business processes in relation to GST registration, returns, refunds and payments. Forbes India and Grant Thornton have conducted a survey that aims to analyse and understand what various industries and sectors expect from this landmark reform. Here are the key findings.