New Delhi, Sept. 11 -- GST rate cuts on various goods and services are intended to reduce construction costs, ease household spending, and aid small enterprises.
These changes are expected to benefit the housing sector, rural households, and mining- and mineral-related industries.
The recommendations are part of a broader effort to provide relief to individuals, the middle class, and enterprises while facilitating trade under GST.
Among the key changes, GST on marble, travertine, and granite blocks has been reduced from 12 per cent to 5 per cent, a move expected to lower housing construction costs, particularly in states such as Rajasthan, Gujarat, and Karnataka.
Sand lime bricks and stone inlay work will also fall under the 5 per cen...
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