One of the big advantages of GST is that it will create a national market without boundaries. Large companies will see their goods transported across India without any checkpoints. This shift also means that their distribution and logistics network will become more efficient and business driven. GST will also bring small and medium sized businesses into the GST ambit. There is also a worry that GST could be inflationary, as has been the case in many countries like Malaysia and Australia. However, the input tax credit and the low rates of GST on food items will ensure that inflation remains in check. In a nutshell, GST is likely to bring in efficiencies in the form of a national market, easier credits, more efficient logistics and regulatory simplicity. Above all, it will give an incentive to small businesses to achieve economies of scale by graduating into the organized sector!