Even as corporates are well-prepared with the IT systems, wholesalers and retailers are yet to transition to the new GST system. The rates announced have been either a tad below existing levels or as per expectations, except for a few sectors. The biggest beneficiaries of GST would be FMCG and retail, where rates have come down from existing levels. At the same time, availability of input credit will help companies lower effective tax rates significantly. Most of these sectors are already seeing a shift towards the organised sector, translating into larger market shares for the organised sector, the brokerage said.Here are a few companies that are likely to be key beneficiaries of GST rollout.

Source: Economic Times June 30, 2017 05:40 UTC