Exempt GST for Khadi Products: Requests MSME to Finance Ministry

National News

Business Mantra News

  • Earlier, the whole of the Khadi Sector was exempted from tax even before the independence till the implementation of GST.
  • Presently, except Khadi Yarn all other Khadi products attract 5% GST.
  • MSME Ministry has approached Finance Ministry and has requested to exempt Khadi and its products from GST.
  • It has become mandatory for Khadi producing institutions to get registered under GST, after the implementation of GST.
  • A Seamless flow of credit of input tax may also be ensured as requested by the MSME Ministry.

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