Revenue Secretary at CNBC TV18 Townhall: Advises India Inc. against price increase but promises kid gloves for SMEs

In an exclusive interview with CNBC TV-18 Managing Editor Shereen Bhan & top tax experts, Revenue Secretary Mr. Hasmukh Adhia highlights that 60 lakh people have already migrated to GST regime; Mr. Adhia reiterates that, while headline rate might have gone up but overall tax incidence will come down under GST, consequent to seamless ITC availability; According to him, major concern is consumer education since GST is a new system of tax; As regards concerns over reports th...