GST impact on major manufacturing sectors to be largely neutral: Crisil

Crisil believes that industry stabilisation, under new tax regime, will take a couple of quarters

Under the Goods and Services Tax (GST), emphasis on value addition; amalgamation of a large number of central and state taxes into a single tax will allow free flow of tax credit in intra and inter-state transactions, says ratings agency Crisil.

Here's the full text of Crisil report on effect of GST on major manufacturing sectors.

(Click on picture for full report)