Summary:
He adds raw stones attract 5% GST while finished products 18%, making products costly and keeping buyers away.“Rajasthan is known for its stones. Sikandra is home to magnificent sculptures and crafts made of stone. We were able to survive, says Saini pointing to sculptures waiting for customers.The ban on bajri (sand) has also hit the real estate industry. They claim that they are reeling under the “twin shocks of demonitisation and GST” and are finding it difficult to sustain. The prices of a truck full of bajri have gone up to Rs 20,000, making them unaffordable,” says Vijay Kumar of Jai Mata Di Stones..