07 March 2017
Suspense over the GST rate may finally end during this budget session of the Indian Parliament.
Finance ministers from Kerala, Karnataka, Tamil Nadu, Goa, Andhra, Telangana, Orissa, West Bengal and Maharashtra may join together to bring cashew in the 5% tax slab group.
If the combined state council announces 12% tax slab for cashew, then even the center may not interfere in the decision.
Industry and Trade Associations should try their best before it is too late.