Wet grinder manufacturers in Coimbatore hit by high costs
2 years, 2 months ago

Wet grinder manufacturers in Coimbatore hit by high costs

The Hindu  

Wet grinder manufacturers here plan to meet Finance Minister Palanivel Thiagarajan next week and explain the impact of 18% GST on wet grinders. R. Soundarakumar, president of Coimbatore Wet Grinder and Accessory Manufacturers Association, said sale of wet grinders had dropped about 70% in the last four or five months. The Central government increased the GST for wet grinders to 18% in the last GST Council meeting. The COWMA office-bearers were trying to meet the Finance Minister of Tamil Nadu next week to explain the problems faced by the sector and the impact of the GST, he said.

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