In a chat with ET Now, S Subramaniam , CFO, Titan says that PAN card regulations, demonetisation, the cash restriction for 2 lakhs, all these are in the direction of getting this trade to be more organised. Markets were anticipating the GST rate on jewellery to be about 5% what has come out as 3%.
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via 3% GST rate would help the sector to shift from unorganised to organised: S Subramaniam, Titan
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