New Delhi, Sept. 11 -- The reduction of GST rates on sand lime bricks or stone inlay work will help lower the construction cost of low-cost housing, especially in rural areas, said an official statement today.
The statement said, "Under the new rates, marble and travertine blocks and granite blocks will now attract a GST rate of 5pc compared to the earlier rate of 12pc. This reduction in GST rates will benefit the housing sector as marble and granite are used largely in the housing industry. Granite and marble extraction are happening in states like Rajasthan, Gujarat, and Karnataka.""GST rates of milk cans made of aluminium; table, kitchen or other household articles of copper as well as aluminium will also see GST rate reduced from 12 pc...