New Delhi: Noting the fact that the reduction in GST rates (18% to 5%, 12% to 0%, 12% to 5%) has benefited consumers, but it has severely impacted the financial position of small traders, the All India Organisation of Chemists & Druggists (AIOCD), representing over 12.5 lakh chemists and distributors across the country, has appealed to the Union Finance Minister Nirmala Sitharaman for urgent relief measures to protect small retailers during the transition to GST 2.0.

Highlighting the practical difficulties and financial losses faced by small traders, the AIOCD President J. S. Shinde and General Secretary Rajiv Singhal stated:

• The reduction in GST rates (18% to 5%, 12% to 0%, 12% to 5%) has benefited consumers, but it has severely impacted the financial position of small traders.

• St

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