Empower India Says GST Flaw Threatens MSMEs’ Liquidity, Competitiveness - BW Businessworld

A structural anomaly in India’s Goods and Services Tax (GST) framework is creating a growing crisis for small and medium enterprises (MSMEs), Empower India said, as the inverted duty structure (IDS) continues to trap billions of rupees in unutilised input tax credits, choking working capital and undermining competitiveness across sectors. The IDS arises when input tax rates exceed output tax rates…