Thursday, November 18, 2010

Historically, Indian industry has resigned itself to a highly complicated and cumbersome way of doing business.

GST can usher in a level-playing field

The rollout of GST (Goods and Services Tax) and the removal of exemptions and tariff variations will change the market dynamics, feels Mr K. P. Gopal, Director, Stuser Tools Pvt Ltd, Chennai. “It can make some companies more price-competitive than earlier, while it can make others (who enjoyed the benefit of tariff variations) less competitive,” he adds, during the course of a recent interaction with Business Line.


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