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Impact of Reduction in GST What Industry and Trade People Say…
Repeated efforts and persuasion by Industry and trade to reduce ‘GST from 28% to 18% on Wood-Based Panel products was accepted by GST council on 10th November’ in 23rd meeting held in Guwahati. The 18 % slab on wood panel products offers a big relief and business booster for sure. There is a jump in demand from stockist who was holding up their buying in uncertainty. The Ply Reporter spoke to industry people about GST impact, positivity, market movement, fresh demand scenario, and payments etc. Please read the views from industry people and marketing houses.