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Wrong time to raise GST rates from a business point of view, says Kansai Nerolac

Updated : December 11, 2019 12:30 PM IST

One of the reasons why the GST collections are low and why the cess is low is because there are a lot of sectors which are undergoing stress today.
There is drop in collections, so the fiscal deficit is going up and therefore from an economic perspective, the government has no choice but to raise the revenue.

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