Posts

GST-issues for Granite Industry

The most awaited rate schedules for proposed Roll out of GST is out. While most of the sectors experienced lower Tax than the current State VAT/CENVAT Regime, there is a huge blow to Granite Industry. Listing below the demerits of the proposed GST as below in Q&A Format Q: What is the proposed GST rate for Granite Industry. A : For Blocks(Chapter 25) 12% and Slabs(Chapter 25 and 68) 28 %. This includes hand cut granite Q: what is the current rate of Taxes A : Blocks 5% to 14.5% depending on states; Slabs 14.5% in most states. Interstate sale @ 2% against C form Q: It looks for Blocks the rates are on line with current tax regime, but why the tax for slabs are raised steeply A : Indian granite Industry consists 3 types of factory       A) 100 % Export oriented Unit (EOU)- They typically pay 27 % Tax if the goods are sold in domestic market - there are about 100 such factories in India. Usually they export 95% of their production and sell only rejects /export s

Environmental clearance issue and shutting of quarries in Tamil nadu

Since 2016 December  80% of the Granite quarries, many of them Black quarries, located in state of Tamilnadu were unable to to obtain permit from mines and geology department to move the produced rough blocks from their quarry. Reason-many of them including Government run quarries are either not procured the NOC  or renewed the NOC for Environmental impact from state unit of environmental committee. The prevailing political situation in the state is not conductive. Since December 2016 , There is no chief for environmental committee. All files sent for approval are kept pending for want of  chief's signature , where there is no body till today . So every one hoping that they will get 6 month extension to comply with the norms or until the new chief takes charge, for obtaining NOC from Impact assessment committee On April 19  the Green tribunal dismissed the petition filed by the quarry owners and strictly advising them to start the operation only after obtaining the NOC. Now on

More Bengal Black materials for March

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Our Classic Bengal has coming much more darker than ever. images

Bengal Black Dark For March 2017

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New Lots of our Majestic Dark Bengal black are ready Quarry. We are looking back our Journey and counting the reach of our Blocks and slabs of Mighty Bengal black Taiwan, Vietnam,Southern Europe,Eastern Europe, Northern Europe -- The journey still continues. There are 100's of factories now cutting our blocks and several outlets selling our slabs, many procesors fabricating our slabs in to fine kitchen and table tops. Masons converting our thickslabs in to fine tombstones. Repeat customers are our strength . The journey will continue with more associates . we will also strive to sharpen our offers and widen our product range. .

Himalayan Blue Blocks

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Blocks shipped to Europe

Bengal Black Classic Dark February 2017

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Blocks produced in February - Booked to our Italy and Polish clients