GST reduces on notebooks but expect no relief on prices - Times of India

Kolkata: The GST on notebooks, exercise books and other stationery items, such as pencils, have been slashed from 12% to nil but GST on most raw materials used to make the stationery has gone up to 18%, a hike that may not allow customers to understand the full benefit of the tax cut. Instead, experts and manufacturers said, there would be a price rise of these products, regularly used by students…