GST on carpet will be slashed from 12% to 5%: Haseeb Drabu

Admitting that the carpet industry is passing through difficult times, the minister for finance, Dr Haseeb Drabu assured that Goods and Services tax charged on carpets will be slashed from 12 to 5 percent in coming days to give a breather to people affiliated with this indigenous craft. “State government has fulfilled all the commitments it had made after implementation of GST except one that is carpet industry. Every segment of trade is in distress, but carpet artisans and dealers are more worried, although it has nothing to do with…

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