GST Rationalisation in Mizoram: A Boost for Farmers and Artisans
The recent GST rate rationalisation in Mizoram has reduced taxes on key agricultural products and services, including a cut from 18% to 5% on processed Mizo Bird’s Eye Chilli, ginger, turmeric, and bamboo products. This initiative aims to benefit farmers, promote exports, create jobs in local food units, and enhance the tourism sector by making hotel stays more affordable. The reforms are expected to stimulate economic growth and support sustainable livelihoods across the state.
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