Will look into concerns of jewellery industry over GST: Maha CM

Published on: 

Maharashtra Chief Minister Devendra Fadnavis has said he will talk to Union Finance Minister to look into the concerns of the gems and jewellery industry about the proposed GST. “The gems and jewellery industry not only earns foreign exchange for the country but also generates employment opportunities. We understand the concerns of the industry over the proposed GST (good and services tax),” Fadnavis said at the 43rd India Gems and Jewellery Awards 2016 here last night. “The industry faces global competition and the profit margin is slim. So if the capital is blocked, the interest goes up,” he said. “I promise the industry that I along with Gujarat Chief Minister will talk to FM Arun Jaitley and try to convince him about the need to help the sector," he said.       

Daily Pioneer
dailypioneer.com