In an interview to CNBC-TV18, Harsh Mariwala, CMD of Kaya & Marico Group spoke about the goods and services tax (GST) rates that were declared yesterday.
"GST is good for the country. The fact that a lot of unorganised trade which was evading taxes; they will all come under GST. So to that extent, it's a level playing field which is very good," said Mariwala.
He further added that the logistic cost and the fact that unorganised sector will be taken care of and they will have to pay the taxes is a bigger benefit.