KCR writes to PM, Jaitley seeking GST exemptions

     Written by : SMTV24x7 | Fri, Jun 16, 2017, 10:16 AM

KCR writes to PM, Jaitley seeking GST exemptions

Hyderabad June 16: Telangana Chief Minister K Chandra Shekhar Rao has been slashed out on ruling party over the GST here on Thursday.

He has urged the Government of India to exempt the works that are covered under Beedi Industry, Granite Industry, Irrigation and drinking water works from GST.

To this effect, the CM has written letters to Prime Minister Narendra Modi and Union Finance Minister Arun Jaitley on Wednesday evening.

KCR said that several thousands of workers are living on Beedi Industry in Telangana and as such imposing excess taxes on Beedi Industry will adversely affect the interests of Beedi workers.

He also stated that there are about 2,000 Granite Processing Units and in these units, about 2 lakh people are provided direct employment and about 5 lakh people get indirect employment.

The CM pointed out that GST Council has proposed 12 percent GST on Granite & Marble raw blocks and 28 percent GST on finished products. Such high rates of GST will have a detrimental effect on demand and growth of Granite/Marble Industry, negative impact

KCR urged the Prime Minister to consider the request for reduction of GST on Granite both raw and finished products to 12 percent.