Let me pull out my post which is related:
Referring to post #30.Post #33"Don't you think that will increase business cost.. and you think businesses will absorb? definitely no and it will pass down to consumer."Post #40"transportation cost up so how business cost will not increase? Company buy stationery cost increase because the supplies have to add 2% gst more. I too layman I can't understand your argument. GST by definition is Goods and Services Tax, meaning anything that you buy from whether goods or services that you pay increases consumer pay more, that was what TS was stating, of course business cost goes up, like many businesses they buy services and goods from others so their cost goes up as well, I layman can also understand this."Post #44"I am not disputing the collection part.. I am stating the increased in your raw material cost will undoubtedly increase your own cost due to increase in gst."Post #53"I have to search your past post to show you what you said? you said business cost will not increase because of gst increase.
How could that statement make sense? as company's raw material cost increase so either it will affect bottom line or past the increase to customers"Post #56"Let me try to break this down for you. Also, don't be fooled by the word play, "raw material cost DOES NOT INCREASE, as a result of gst". Yes the raw material is $x no change I agree, but you used to buy it at $x +5% now you have to buy it at $x +7%, how can that not increase your business cost? we are talking honest trader here and cost will definitely increase, it is so simple."../azul123"Oh to add-on, what about cost that you cannot transfer to consumer? electricity, operating cost on transport, if you are in industry that uses alot of water, in short operating cost is that not part of business cost? and don't this come with gst?"