GST cloud hangs over excise mop-up as dealers hold up inventories1 min read . Updated: 14 May 2017, 04:45 PM IST
In view of uncertainty over tax rates under GST of as many as 6,000 products, dealers are choosing to wait and watch rather than buy and holding on to inventories
New Delhi: Excise collections may take a hit as dealers are refraining from purchasing goods from manufacturers as they are not sure about tax credits and rates under GST, which is slated for 1 July launch.
Select your Category