The fortnight old strike by fish meal industry for GST exemption is likely to put shrimp feed manufacturers in the doldrums.
As many as 56 fish meal industrial units spread across Kerala, Maharashtra, Karnataka and Tamil Nadu are on an indefinite strike since August 1 in protest against collecting GST from fish meal and related products.
Fish meal and related products used in the making of shrimp feeds were made taxable at five per cent during the initial GST notification but were shifted to the list of exempted items. However, the authorities brought out a new circular to collect taxes ...
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