Business 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. Subscribe to Moneycontrol PRO at just Rs.33/- per month for the first year. Use code SUPERPRO. Limited period offer. Available on Web and Android.