GST’s Trial By Fire Will Only Make Small Manufacturers More Competitive and Efficient

The goods and services tax (GST) is slated for rollout in less than two months and voices are coming forward on the possible negative impact on small manufacturers. We have heard these stories earlier – when the country did away with quantitative restrictions on imports in 2001 and when it opened up sectors reserved for production by small-scale industries. Each time, the risk of decimation o…