‘GST to Help MSMEs to Compete With Cheap Imports From China, Others’

‘GST to Help MSMEs to Compete With Cheap Imports From China, Others’

With the Goods and services tax (GST) comes into effect from 1 July, the micro, small and medium enterprises (MSMEs) would be able to compete with foreign competition coming from cheap cost centers such as China, Philippines, and Bangladesh, the Associated Chambers of Commerce and Industry of India (ASSOCHAM) said on Sunday.