Inverted duty structure hurting FMCG, OTC pharma firms under GST regime: The Tribune

The Tribune

New Delhi [India], April 17 (ANI): The inverted duty structure resulting from rate changes under the Goods and Services Tax (GST) 2.0 regime is hurting companies especially in the FMCG and over-the-counter (OTC) pharma sectors, with high input-side taxation on key services leading to accumulation of credits, Khaitan & Co Indirect Tax Partner, Sudipta Bhattacharjee told ANI on Friday. "The whol…

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