There is huge scope for growth of coir industry in India. In this article, Dr J Anandha Kumar throws light on opportunities offered in coir spinning and exports of various value-added coir products
Raw jute has been kept at NIL rate of GST i.e. there would be no tax on raw jute. Jute mills are not required to pay tax under Reverse Charge Mechanism (RCM) as mentioned under section 9(4) of the CGST Act, 2017.
