GST revamp: Mines ministry sees boost for housing sector and artisans; marble, granite, handicrafts to get cheaper
The Mines Ministry announced that revised GST rates will positively impact the housing industry and small-scale enterprises. Key items like marble, granite, lime bricks, and handicrafts are set to become cheaper due to the GST overhaul. Many mining-related products will now attract a 5% tax instead of the earlier 12%, benefiting the mining and mineral industry.🕒 1 min read
The Mines Ministry announced that revised GST rates will positively impact the housing industry and small-scale enterprises. Key items like marble, granite, lime bricks, and handicrafts are set to become cheaper due to the GST overhaul. Many mining-related products will now attract a 5% tax instead of the earlier 12%, benefiting the mining and mineral industry.
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