Latest NewsIndiaNEWS

GST: Khadi may get exemption

Minister for micro, small and medium enterprises (MSME) Kalraj Mishra said that he was hoping that Khadi products would be exempted from Goods and Service Tax (GST) in the following days.

Khadi products now face a 5 per cent levy while the tax on goods produced by village industries is 12 per cent.

Mr.Mishra said that for the larger interest of weavers and spinners associated to khadi industries, the GST panel had started analysing the pros and cons of GST exemption, to benefit the workers, weavers and spinners -associated with Khadi.

shortlink

Post Your Comments


Back to top button