GST hike comes like a ton of bricks on kiln owners
Ludhiana: In a big blow to kiln owners and consumers, GST on certain varieties of bricks has been hiked from 5% to 12% from April 1 and norms related with input tax credit (ITC) have also been changed. Brick kiln owners will have to face another setback as the exemption limit for coming under the GST ambit has been halved to yearly turnover of Rs 20 lakh from the previous limit of Rs 4…