News
GST to usher in problem of classification of items
- Date:
- June 5, 2017
- Source:
- Economic Times
Exports may have been kept zero-rated in the upcoming Goods and Services Tax (GST), but exporters will have to first pay the GST at much higher than the existing rates in several engineering goods, and then claim refunds which would not only add to the cost of shipments, but also violate government's much avowed programme of 'Ease of doing business', EEPC India has said. "The biggest uncertainty w…