Ex­cel­lent cover story!

Dalal Street Investment Journal - - EDITOR’S KEYBOARD -

Have read your GST cover story. It’s ex­cel­lent. You have cov­ered the im­pact on al­most all the sec­tors. You could have also fo­cused on the ad­di­tional costs all sec­tors have to bear on in­stal­la­tion of new soft­wares and added ac­count­ing costs be­cause of GST. Also why would lo­gis­tics costs come down due to GST?

- Pankaj Jaggi

Edi­tor Re­sponds: Dear Mr. Pankaj, thank you for your feed­back.

As for your query, we think that the ad­di­tional cost re­quired for in­stal­la­tion of new soft­ware and added ac­count­ing costs will be neg­li­gi­ble for the larger com­pa­nies we fo­cused on in the ar­ti­cle. The lo­gis­tic costs will re­duce as there will be ra­tio­nal­i­sa­tion in the ware­hous­ing sys­tem for cor­po­rates in In­dia and back-of-the-en­ve­lope cal­cu­la­tions sug­gest the lo­gis­tics cost will come down by 20 per cent. To un­der­stand the GST im­pli­ca­tions deeper, stay tuned to our prod­ucts and keep writ­ing to us to know more about the eq­uity mar­kets.

Newspapers in English

Newspapers from India

© PressReader. All rights reserved.