CII Chief Mr. Sanjiv Bajaj pitches for simplification of GST
CII Chief Mr. Sanjiv Bajaj pitched for simplification of Goods and Services Tax (GST) structure and was of the opinion that electricity and fuel should be brought under GST ambit as that will help the industry to be more competitive.
Commenting on the high inflation, Mr. Bajaj elaborates “When you look at inflation, we are driven a lot by fuel and food. We hope that we will see good monsoon and if that happens then it should moderate, at least the food prices. Fuel is something that is an uncertainty but commodity prices again, as we have seen, have started to moderate.”
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