Companies say retailers refusing to buy fresh stocks; retailers want consumer firms to protect margins

A tussle has erupted between large consumer companies and organised trade just ahead of the introduction of the goods and services tax (GST) on July 1. Companies say that large retailers are refusing to buy fresh stocks starting June 26 till the month ends, while retailers want consumer companies to protect margins. "Educating over 4.5 million retailers is a significantly big task and there is con…