GST confusion threatens India's 3,500 crore isabgol export industry

timesofindia.indiatimes.com

India's Rs 3,500 crore isabgol export industry is at risk as processors may halt seed procurement due to GST confusion. Ambiguous GST rules on seed taxation cause significant fund blockage, stressing working capital for exporters already facing US tariffs. This uncertainty jeopardizes India's position as the world's largest psyllium husk supplier, prompting buyers to delay contracts.


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