Isabgol processors to stop purchases October 6 over GST issues

economictimes.indiatimes.com

Isabgol processors will halt purchases from farmers on October 6 due to unresolved GST ambiguities, impacting industry capital. The industry, exporting ₹3,500 crore annually, faces financial strain and slowed exports because unclear GST classifications require payment on seeds, despite eventual refunds. Processors seek government clarification on GST classification for isabgol seeds, a product used in food, pharmaceuticals, and as a laxative.


With a significance score of 1.9, this news ranks in the top 28% of today's 32568 analyzed articles.

Get summaries of news with significance over 5.5 (usually ~10 stories per week). Read by 10,000+ subscribers:


Isabgol processors to stop purchases October 6 over GST issues | News Minimalist