SOURCE :
FACEBOOK
GST & END OF 'CSD'
With the implementation of GST the CSD as we enjoy
today is likely to come to an end. The price differential
which we enjoy today is because of lesser VAT the state
Governments are giving to the CSD. However with a
constitutionally mandated uniform rate of GST across
the nation there won't be any scope for any reduced or
varying rate of taxation. Which implies that CSD cannot
compete with a local store or a mall........It also implies
the movies which we see in our Institutes are going to
be costlier
Hope Service Chief are following the GST bill and wake
up to take this up with the Government and incorporate
necessary provisions in the GST bill before it becomes
Law.
Wg.Cdr.R.D.Ahluwalia
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