GST Will Level the Playing Field for Organised Retail: Report
An industry report says GST will level the playing field for organized retail in the coming days, and decrease competition from unorganized businesses.
06th June, 2017
An industry report suggests that GST implementation will aid organized retailers in more than one way. The report suggests that apart from creating a steady stream of input tax credit, the new tax regime will edge out unorganized retailers in the medium term and reduce competition from the unorganized sector.
As reported in The Economic Times