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Consumer durable industry wants GST reduction, Infra push, PLI extension this interim budget - Vimarsana News

Consumer durable industry wants GST reduction, Infra push, PLI extension this interim budget

Industry players are advocating for a reduction in GST in Union Budget 2024 on essential appliances from 12 percent to 5 percent, Axis Securities said.

Budget 2024: CDIT industry demands reduction in GST, expansion of PLI & infra development, ET Retail - Vimarsana News

Budget 2024: CDIT industry demands reduction in GST, expansion of PLI & infra development, ET Retail

The industry also hopes for reduced taxes to alleviate financial burdens, and relaxation of compliance requirements to streamline operations.