New Delhi, November 14, 2017: “We wholeheartedly welcome the Government’s decision to reduce the GST rate on marble and granite to 18 per cent from 28 per cent. This is definitely good news for the sector as well as for the consumer.
With the B2B players benefiting with the Input Tax Credit (ITC), this announcement has created an even more positive sentiment for the industry. This creates a level playing field for marble manufacturers as prices will remain competitive as compared to other available surface materials and the consumer will have a choice based on quality, material and not just prices,” says Amit Shah, Managing Director, Classic Marble Company (CMC).
Corporate Comm India(CCI Newswire)