The real challenge now will be to have rational GST law and Rules – Nihal Kothari, Executive Director, Khaitan & Co.

New Delhi, August 10, 2016: “Today is a historic day as Parliament has passed Constitution Amendment Bill for introduction of GST which will make India a truly common economic market. It will accelerate economic growth. The impact on each sector however will be different. The real challenge now will be to have rational GST law and Rules to ensure that objective of GST is met. Equally important is that tax rate should be moderate to avoid inflation.”

Corporate Comm India(CCI Newswire)