MS Mani, Senior Director, Deloitte, said the clause will also help curb inflationary pressures on the economy when GST is implemented.
In an interview to CNBC-TV18‘s Shereen Bhan, Dinesh Kanabar of Dhruva Advisors, Harishankar Subramaniam of EY, MS Mani of Deloitte India and Pratik Jain of PWC India speak about the GST and its delay in the roll-out.
Suddenly, the prospect that a new Goods and Services Tax (GST) could enter force next year has bosses panicking at the likely impact and seeking advice on how to cope.