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Last Updated : Jun 23, 2017 12:19 PM IST | Source: CNBC-TV18

GST for paints is tax neutral, says Asian Paints

As the economy gears up for the goods and services tax (GST), the sector on our radar today is paints. In an interview to CNBC-TV18, KBS Anand, MD & CEO of Asian Paints spoke about how they are preparing for the GST.

As the economy gears up for the goods and services tax (GST), paints sector is on the radar today. In an interview to CNBC-TV18, KBS Anand, MD & CEO of Asian Paints spoke about how they are preparing for the GST.

Will see some de-stocking in the June quarter, said Anand. Hope for re-stocking in July-September quarter, he added.

According to him, not all of their dealers have registered for GST yet.

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Will have to hand-hold many of our dealers through the whole process, he added.

On tax front, he said GST for paints is tax neutral.

Watch accompanying video for more details.
First Published on Jun 23, 2017 12:19 pm
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