GST Rate Cut: Handicrafts to attract 0% levy under new system, say sources
Handicrafts are likely to attract zero tax under the proposed Goods and Services Tax (GST) reforms, according to sources. The news comes as investors weigh the potential impact of the government’s incoming proposals in the indirect taxation system. Last week, Prime Minister Narendra Modi announced a “big Diwali gift” for the public ahead of Diwali…