Thousands of brick kiln owners from across the country on Thursday gathered in the national capital to protest against the government’s decision to hike the GST on the building material by 5 percentage points.
From 1 per cent, the Goods and Services Tax (GST) rate has been increased to 6 per cent effective April 1, 2022, Omvir Singh Bhati, general secretary of the All India Brick and Tile Manufacturers Federation (AIBTMF), said. Earlier, GST of 1 per cent was levied on brick manufacturers under the composition scheme.
Source a2ztaxcorp