Expect GST to reduce costs: Seshagiri Rao, JSW Steel

Seshagiri Rao: In fact because GST was coming in from 1st of July, we had seen lot of destocking which has happened starting from June. Our sales to some extent were impacted because of destocking that has happened in the month of June. After introduction of 1st July, we are seeing stability slowly, gradually coming in so we hope in this quarter it will get stabilised. At the same time when we calculate the impact of GST on our company, we have seen benefit particularly on the ..
Source:
http://economictimes.indiatimes.com/articleshow/59874583.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst

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