1. Impact of these will be on customers only as they have to pay high prices because of inflation and now high taxes knowing when it comes in the necessity for people rather, they could have done something which benefits both sides
Why did they lower rates applicable on yarn from 18% to 12%?
They could have implemented 5% rates for uniformity purposes rather than 12%, now why will consumers pay such high prices? (By taking this step they are free now but what about the small retailers?)
so this will impact ultimate consumer buying and and not the companies tax outflow (as this is to bring parity in inverted duty structure). But overall revenue of the company will be affected?
1. Impact of these will be on customers only as they have to pay high prices because of inflation and now high taxes knowing when it comes in the necessity for people rather, they could have done something which benefits both sides
2. Didn't understand 2 columns' last third line
column 3 para 3
What is inverted duty structure?
Why did they lower rates applicable on yarn from 18% to 12%?
They could have implemented 5% rates for uniformity purposes rather than 12%, now why will consumers pay such high prices? (By taking this step they are free now but what about the small retailers?)
so this will impact ultimate consumer buying and and not the companies tax outflow (as this is to bring parity in inverted duty structure). But overall revenue of the company will be affected?
Inverted Duty Structure?
Purpose of bringing uniformity of rates?