Articles 5th Sep 2025
Our Partner Rahul Khurana and Associate Partner Saurabh Dugar shares their insights in the article “GST Rate Rationalization – what it could mean for business margins” published on moneycontrol.com.
The authors highlight that businesses stand to benefit via improved working capital, especially by way of lessening the burden to offer higher discounts during the festive season and thereby preserving business margins, lower cash outflow towards tax liability.
While anti-profiteering enforcement is discontinued, concerns remain on margin management, ITC accumulation for input services which is still largely taxed at 18%, and challenges for oil and gas section which have been hit with a hike in GST rate on support services. Overall, the reform momentum should continue and set the stage to address future tax policy issues.
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