GST reforms to aid exporters amid tariff war, industry calls it lifeline for businesses, exporters

Industry leaders have strongly backed the government’s next-gen GST reforms, calling them a big boost for the economy. They said the reforms will help exporters withstand the ongoing tariff war with the US, raise domestic consumption, and provide relief to industries navigating global trade pressures. The reforms, they added, will strengthen India’s competitiveness while simplifying compliance for businesses.