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Why dealers are spooked about GST roll-out


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Jagdish Arora
Retailer and Wholesalers stop buying stock of goods.
by Jagdish Arora on Jun 03, 2017 04:01 PM

Retailers and stockist have stopped buying any products till the GST is implemented as any change in taxes will affect their profit margins.

Those who have already huge stocks will have a total loss in profit and companies may even show losses.

Good news for all these people as their entire black money the profits may vanish in 2017-2018 financial year which will again lead to faster GDP growth.

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