Gaurav Aggarwal, Director with Lasons India Pvt Ltd.
“The implementation of GST is good in the long run. It’s extremely beneficial to the inter state transactions and makes them easy, swift and eliminates the disadvantage that we used to face earlier.
The best part is the equality of competitiveness! It brings the entire economy on the same page and hence offers a better platform to SMEs and LSEs.
The tariff on essentials like Shampoo, Soaps etc is 28% – which is quite a bit for middle class, as these items do not belong to the luxury section anymore.
As far as the entire initiative is concerned, there is ease of applicability and understandably for the masses.”