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Goods and Services Tax

New GST rules may impact auto, consumer durables

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“The new structure may increase the working capital of companies dealing in exchange schemes. While dealers who sell used vehicles within a month of buying them may not see the impact, delaying the process will increase working capital,”

Biren Vyas
Partner, Grant Thornton Bharat LLP

This article appeared in Business Standard on 4th April, 2017.