The All India Agarbati Manufacturers’ Association (AIAMA) has expressed its displeasure over the recently-proposed GST rate of 12% on agarbathies.
AIAMA, an organisation that works for the development of the agarbati industry, has appealed to the Finance Minister to revise the rates, considering its adverse consequences on the consumption of the product and employment.
It expressed that high rates on a basic product used for prayer will not only affect consumers, but also livelihoods of thousands of people involved in the rolling of agarbathies.
In most states, agarbathies are exempt from VAT and excise as it falls under the cottage and village industry, and
AIAMA expected it to be the same under GST, which is scheduled to be implemented from July 1.
Deccan Herald is on WhatsApp Channels| Join now for Breaking News & Editor's Picks