News
GST unlikely to hit consumer demand, but traders may be hit
- Date:
- April 29, 2017
- Source:
- Business Standard
Consumer demand is unlikely to be hit after goods and services tax (GST) comes into effect, even though distributors are expected to destock in June, and issues may come up in case of B2B trade, says a report. "We believe akin to note-ban, destocking will happen in June but will recover from July when GST is scheduled to be rolled out. The only difference though under…