Plywood industry hopeful of GST respite

Goods and Services Tax – GST – Dated:- 4-9-2017 – Kolkata, Sept 4 (PTI) The ₹ 20,000 crore plywood, plyboard, medium density fibreboard and particle-board industry is hopeful of reduction in GST rate to 18 per cent from the current 28 per cent in the forthcoming council meeting. The plywood, MDF and particle board industry is very hopeful that GST rate will be brought down to at least 18 per cent which is very high at 28 per cent, Federation of Indian Plywood and Panel Industry president

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