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GST on recycled construction waste products to be reduced to 5 per cent
Written By IANS
Published: | Updated:
In a bid to promote reuse of debris generated by the construction industry, the government will soon reduce the Goods and Services Tax (GST) on products made from recycled demolition waste to five per cent.
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Currently, the recycled products - such as concrete blocks or bricks for masonry made from construction and demolition (C&D) waste - attracts GST of 18 per cent. Image Source: Reuters
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