Budget 2019: Seek clear-cut GST slab for all sectors

Rajeev Bhargava Managing Director, PMRelocations

By Rajeev Bhargava

Relocation industry is officially the world’s fastest growing major economy in the world, however, In India, there is still a lot of discrepancy in our sector especially in consideration of GST. Some companies charge 5 % some 12% and some 18 %. There should be a defined GST slab for all the players.

I would also strongly recommend that the GST should be payable only on receivable and not on invoicing as it puts a burden on SME “s where GST is advance payment and there is TDS which leaves us with a big investment and leads to cash crunch.

Rajeev Bhargava is Managing Director of PMRelocations

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