Finally, the GST rates are announced. Dry fruits and cashew are under 12% Tax slab.
Importers have to pay the basic customs duty and the GST during the import release from July 1, 2017 onwards.
The negative impact of the GST rate will be on sellers who sell with in the state. Interstate traders may welcome the rate as there will not be separate taxes from the manufacturing state, consuming state and the CST.