GST 2.0 | Business fret over likely ITC pile-up; litigation may rise, say analysts
Published on: Sept. 8, 2025, 10:19 p.m. | Source: The Financial Express
The reduction of GST rates for certain products may increase costs for businesses due to the inability to offset input taxes. While food items, lifesaving drugs, and education supplies have decreased tax rates, the inability to claim input tax credits could lead to hidden inflation and higher costs for consumers. This structural issue must be […] | financialexpress.com
