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EPCH calls for smooth transition of GST

EPCH has regularly been representing to the GST council for the smooth transition of exporters into the new taxation regime and for the reduction in the GST rates.

The 28th meeting of the GST council proposed reduction of GST rates on various items. The demands of the handicraft sector have also been considered and rates have been recommended to be reduced on many handicraft items. This rate reduction will help further result in rationalisation of the GST rates.

This initiative would certainly help over 11,000 member exporters and over 1 million craftspersons in enhancing production capacity, employability and achieve exports growth in the future.

 

 
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