slow growth rate
Earlier, biscuits priced below Rs 100 per kg were exempted from the excise duty. Hence, low priced biscuits had to pay 14% tax, and the rest 22% to 24%.
Parle may lay-off 10,000 as GST, slowdown hurt
22 Aug 2019 1:22 AM

The crisis started with the introduction of GST and became acute with the slowdown.

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