Morbi’s ceramic industry demanding inclusion of gas in GST in Union Budget

Reducing GST is essential to save the clock industry that employs women

As the countdown to the Union Budget has already started, the ceramic industry of Morbi has once again raised a demand to include the natural gas used as fuel in the ceramic industry in the ambit of GST instead of VAT. is

Ahead of the Union Budget to be presented next month, the two major ceramic and clock industries of Morbi have appealed to the central government for relief, the watch industry, which is currently facing a severe recession, has to take two days off in a week, according to the Clock Manufacturing Association. Former president Shashankbhai Dangi said that while the watch industry is employing women in large numbers, it is imperative to reduce the current 18 per cent GST slab to bring the industry out of recession.

On the other hand, Mukeshbhai Kundaria, president of Morbi Ceramic Association, said that the demand was raised before the government even before the last budget to bring the natural gas used in the world’s second-largest ceramic industry under GST instead of VAT and this is the main demand of the ceramic industry this year as well. He further adds that, while the ceramic industry is currently struggling, if natural gas is brought under GST, the industry will benefit and if fuel becomes cheaper, Morbi’s ceramic industry can go straight from second to number one in the world. said.

Meanwhile, Mukeshbhai Kundaria added that the ceramic industry is currently facing difficulties as per the provision of 43BH of Income Tax by the Central Government, the provision of 33% is applicable due to the clause that the ceramic industry has to sell the goods on credit of 120 days so that this clause should be abolished. Or demanded that the ceramic industry should be given the benefit of this clause like the MSME industry. At the same time, 60 per cent of the remaining expenditure in ceramic industries goes to gas, coal and electricity, if there is relief in the matter of fuel, then the ceramic industry of Morbi can still reach the top level in the crushed world, he reiterated to the government to satisfy the demand in a positive direction.