Granite industry calls for reduction in 28 per cent GST


New Delhi: The Granite industry today urged the government to lower the GST rate of 28 per cent on granite polished slabs as higher taxes would impact the labour- intensive sector.
According to JIGANI Granite Industries Owners Welfare association, prices would go up after the implementation of the Goods and Services Tax (GST) from July 1.
The industry has cut down the production by about 50 per cent in May and June, anticipating lower granite demand with rise in price for end user post the GST rollout, it said in a statement.


"The GST Council has announced a tax of 28 per cent on granite polished slabs, which was earlier 14.5 per cent," the association said.
Granite sector is a labour intensive sector and employs over 75,000 people directly and indirectly in and around Jigani and Bangalore area, it said.
"We request the government to lower the rate of GST to flat 12 per cent on granite slab products," it said.
Spokesperson Lalit Rathi said majority of factories are of small scale and several granite units are already struggling to sustain operations following the decline in exports due to global slowdown and demonetisation.

courtesy-
http://www.deccanchronicle.com/business/economy/150617/granite-industry-calls-for-reduction-in-28-per-cent-gst.html

Comments

  1. shehiSeptember 22, 2017 at 10:49 AM

    ഗ്രാനൈറ്റ് ഹോൾ സെയിൽ വിലക്ക് . ബാംഗ്ലൂരിൽ നിന്ന് നേരിട്ട് സൈറ്റിൽ എത്തിച്ചു കൊടുക്കുന്നു Tax, transportation, എല്ലാം ഉൾപെടെ ഒറ്റ വിലയിൽ കമ്പനി വണ്ടിയിൽ നേരിട്ട് സൈറ്റിൽ എത്തിച്ചു തരുന്നു. ഡെലിവറിക്ക്‌ ശേഷം പൈസ നൽകിയാൽ മതിയാകും. ഫസ്റ്റ് കോളിറ്റി ഐറ്റം സ്വന്തം ഫാക്ടറിയിൽ നിന്ന് നേരിട്ട് നൽകുന്നു. 19 വർഷത്തെ സേവന പാരമ്പര്യം.

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