Is gems & jewellery trade fully ready for GST roll out from July?
Higher GST rate would affect organised players badly, GJF said, adding that the industry is pitching for lower tax to bring unorganised players on board so that their dealings are reported online with greater transparency.
The gems and jewellery trade is fully prepared for the GST regime, to be implemented from July 1, industry body GJF said today and hoped that the Centre would levy only 1.25 per cent tax on the sector. Pic: IANS