The unorganised section of the steel sector may face some problem in the initial days after the GST rollout, an industry body said. The GST, which will subsume over a dozen taxes, including excise, service tax, VAT and other local levies, takes effect from midnight tonight. The unorganised section in the steel industry may face a little pain post GST rollout as all of them do not make use of technology, Indian Stainless Steel Development Association (ISSDA) said. They put manpower, resources, hire consultants and Charted Accounts (CAs). But unorganised sector lacks that....the confusion will remain for some time... but yes they will learn with time," ISSDA President K K Pahuja told(This article has not been edited by DNA's editorial team and is auto-generated from an agency feed.)
Source: dna June 30, 2017 13:52 UTC