Fear of GST for power charges grips units
The Hindu
TIRUCHIThough industries in MSME sector have gradually resumed operations, the fear of power charges soaring up further on account of impending GST (Goods and Service Tax) levy has gripped several uni
TIRUCHI
Though industries in MSME sector have gradually resumed operations, the fear of power charges soaring up further on account of impending GST (Goods and Service Tax) levy has gripped several units struggling to survive the pandemic impact.
Most of the fabrication industries are yet to breathe free due to the lockdown impact of COVID 19, which was aggravated by the decision of Tangedco to levy charges even for the three-month lockdown period last year from March to May. The industry associations have questioned the rationale behind the levy of power charges for the duration of lockdown which was imposed by the State Government. There has been no outcome, though.