mecconcrehan mecconcrehan .

mecconcrehan

The apex industry body represents the fan manufacturers

But government has put fans in the 28 per cent tax bracket. Government has grouped fans and air-conditioners in the same bracket.The immediate غير مجاز مي باشدt impact on fan will vary between three to eight per cent depending upon whether the manufacturing unit is located in excisable or excise-free zones if GST rate is not eased and benefit of special zones are not been passed on in the new tax regime。

Mathur said. Total annual fan industry is worth Rs 9000 crore of which organised sector account for Rs 6000 crore.Kolkata: The Rs 6000 crore organised Indian fan industry has expressed concern over Goods and Services Tax rate at the highest bracket of 28 per cent on its product and urged the government to revise the same to 12 per cent. Even premium mobiles phones are in the 12 per cent tax bracket," The Indian Fan Manufacturers Association chairman Rohit Mathur told PTI."We have been urging the government for 12 per cent GST as fans are products of mass consumption and not of luxury.

The apex industry body represents the fan manufacturers in India comprising of leading branded fan manufacturers such as Usha, Bajaj, Crompton, Havells, Orient, Anchor, Ortem, Surya, Luminious, Polar and Anchor.He said at least 50 per cent of the manufacturing units are mainly located in excise free zone of Himachal Pradesh, Uttarakhand and the north eastern States.According to rough estimates unless government intervenes the immediate price rise of fans could be at least four to five per cent. Currently tax burden on chemical anchor fan manufacturers for excise-free zone is about 20 per cent, while the same goes up to around 26 per cent for those operating from a exciseable area


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