GST will hit small businesses, push Chinese imports: SJM

Days ahead of the launch of GST, the RSS's economic wing SJM has said the new indirect tax regime will "badly hit small businesses and push Chinese imports".

As the date of implementation of GST is approaching, the heartbeats of small entrepreneurs and traders are increasing, Swadeshi Jagran Manch National co-convener Ashwani Mahajan said.

He claimed that there was exemption on excise duty for production of up to Rs 1.5 crore for small scale industries.

"But now, according to the provisions of GST, any entity whose business is above or equal to Rs 20 lakh must register itself for GST in the state where it carries its business," Mahajan told

(This article has not been edited by DNA's editorial team and is auto-generated from an agency feed.)