The Shopping Centres Association of India (SCAI), one of the largest groups of shopping malls or their equivalent in India, have demanded simplified goods and services tax (GST) regulations from the upcoming budget, besides lower rates, moratoriums, and tax holidays for malls in India to recover.
“The overall recovery of the industry could have been much better; however, the current recovery rate is not helping the sector financially. We have been urging the government to extend support to the industry with a long-term beneficial plan,” Amitabh Gupta, the chairman of SCAI, said in a statement.
Source from: https://timesofindia.indiatimes.com/city/pune/association-of-malls-looks-for-simplified-gst/articleshow/80522076.cms