Economy · India
Copper Producers Seek GST Cut Amid Record High Prices
Indian copper producers are requesting a reduction in the Goods and Services Tax (GST) from its current rate to 5%. This plea comes as record high copper prices are reportedly locking up working capital for the industry. Producers claim that a lower GST rate would alleviate this working-capital pressure.
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- Centre (2): The Economic Times, The Hindu BusinessLine