Rakesh Jhunjhunwala On Gains Of GST

The effect of GST is going to be far deeper than the tax itself, because first it will lead to digitisation.Anybody who has a business with a turnover of more than Rs 20 lakh will have to digitalise their business and that is going to bring in tremendous efficiency in the way we work.

Second, it is going to lead to big logistical gains because companies had to maintain warehouses in each state as they did not want to pay the central sales tax, and lorries were stopped in .

-Rakesh Jhunjhunwala