Paper weight: 13% GST gap crushing small printers.

Times Of India

Ludhiana: A sweeping tax anomaly in India's goods and services tax (GST) system has introduced a crisis of "severe working capital blockages" for the nation's 25 lakh printers, threatening to sink small businesses and halt salaries due to a crippling 13% cash gap.The new tax regime has created an inverted duty structure (IDS) for the printing and packaging sector, forcing businesses to pay a high…

Sign in to read the full article

Create a free account or sign in to access the complete content.