India GST- On the Ground Update- Cash Remains King, Wholesale in No Hurry to Comply

India: GST's Impact on 1QFY18 Corporate Performance

Value investor- India mid & small caps

Bhaskar Chakraborty

Thematic (Sector/Industry)

We visited two large wholesale markets in Mumbai- (1) Crawford market- wholesalers in textiles, electrical equipment, food, fruits and vegetables, cosmetics, toys etc. and (2) Dadar Kabutarkhana- wholesalers of home improvement products like tiles, sanitary ware, faucets, modular kitchen equipment, glass partitions etc. We posed as buyers to assess the level of compliance of these outlets with GST after the first cycle of on-line filing under the new tax regime.Crawford Market- Among ~10…

We visited two large wholesale markets in Mumbai- (1) Crawford market- wholesalers in textiles, electrical equipment, food, fruits and vegetables, cosmetics, toys etc. and (2) Dadar Kabutarkhana- wholesalers of home improvement products like tiles, sanitary ware, faucets, modular kitchen equipment, glass partitions etc. We posed as buyers to assess the level of compliance of these outlets with GST after the first cycle of on-line filing under the new tax regime.Crawford Market- Among ~10…

Crompton Greaves Consumer Electricals (CROMPTON IN)

India GST Roll Out- On the Ground Update from Wholesale Markets in Mumbai