GST a landmark rollout, say Mr. Kalantri

GST a landmark rollout, say Mr. Kalantri

Mr. Vijay Kalantri, President, All India Association of Industries (AIAI) said that roll out of GST is a landmark reform initiated by Hon’ble Prime Minister Shri Narendra Modi. This will go a long way in giving impetus to growth which will add to start with 5.5% GDP and 2-3% in the near future, he added.

 Mr. Kalantri further said, GST will simplify & rationalize tax structure and will spur investment from India and overseas, however there should be only 2 slabs and highest rate should not be more than 18 per cent.