GST may stoke food inflation, but agri-value chain will gain in long run

With the Rajya Sabha passing four key GST bills, the Goods and Services Tax (GST) regime is all set to roll out nationwide from July 1. GST will be the biggest tax reform in recent decades. It is widely expected that GST will largely eliminate the high, cascading taxation structure. In this backdrop, it is worth tracking the impact of GST on the agri-value chain. This is especially important as th…