Hindustan Times (Bathinda) - - REGION -

The goods and ser­vices tax (GST) is go­ing to be im­ple­mented from July 1. As 81% prod­ucts are be­low 18% tax, we ex­pect to see a fall in re­tail prices of prod­ucts. But it is doubt­ful that the ben­e­fit shall be passed on by re­tail­ers to con­sumers as only MRPs are spec­i­fied on most items. The gov­ern­ment needs to en­sure trans­parency and re­tail prices are charged in keep­ing with the re­duced rates of the tax. How­ever, 18% tax rate on some items of daily use such as hair oil, tooth­paste, soap and toi­letries is on the higher side. DS Ba­nati, Mo­hali

Newspapers in English

Newspapers from India

© PressReader. All rights reserved.