Big Boost for Ceramic Industry: 18% GST on Ceramic Tiles, Marble, Quartz & Granite

India Ltd, one of India’s largest tiles companies has welcomed the GST council recommendation to lower the GST on Marble, Granite and Ceramic tiles of all kinds from 28% to 18% and expressed confidence that it will benefit over 700 ceramic tiles units from Gujarat.

GST on Ceramic tiles, Marble, Quartz and Granite lowered to 18% from 28%; Will encourage unorganised players to pay tax.

India Ltd, one of India’s largest tiles companies has welcomed the GST council recommendation to lower the GST on Marble, Granite and Ceramic tiles of all kinds from 28% to 18% and expressed confidence that it will benefit over 700 ceramic tiles units from Gujarat. The GST Council at its meeting on Nov 10, cut tax rates on 177 items, raised the threshold for small businesses for the Composition Scheme to Rs 1.5 crore and eased compliance burden for bigger businesses. 

“This is a big positive step for the ceramic industry as a whole and we appreciate the council for addressing our concerns. This will not only augment the sector growth but will also encourage unorganised players to pay tax which was facing problems after demonetisation and slowdown in real estate. Gujarat is a hub for over 700 ceramic tile plants and is world’s 2nd largest tile manufacturing zone. By this the Pricing Gap between Unorganised players and Organised Players will narrow down which will ultimately benefit the Industry as a whole. The major chunk of the country's entire ceramic production takes place in Gujarat alone with cumulative investment of Rs. 8,000 – 10,000 crores”, said Mr. Kamlesh Patel., Chairman and Managing Director, Asian Granito India Ltd.

“Lowering GST on tiles, marbles, quartz and granite will give push to Government’s infrastructure push —100 Smart Cities, Swachh Bharat Abhiyaan and Housing For All By 2022—along with real estate reforms could catalyse sectoral growth. The reforms will offer level playing field for all players in the industry, reduce logistic cost, and offer scope for inorganic growth as industry is likely to gain through consolidation post GST”, said Mr. Patel.  

The Indian ceramic tiles and sanitaryware industry is estimated to reach Rs. 34,000 crore by March 2018, out of which ceramic tiles account for around 85%. Morbi in Gujarat is India´s largest ceramic tile-making cluster with over 700 units manufacturing glazed tiles, sanitaryware and vitrified tiles. Approximately 70% of India´s total production of tiles is carried out by units located in Morbi alone.

India is now the second largest market for ceramic tiles after China with production at 750 million squre meters. Unorganised sector accounts for 60% of the industry while organised sector account for 40% of the ceramic tiles industry. A total of over 550,000 individuals are employed by the sector (50,000 direct).

To keep updated with latest news subscribe to our newsletter
To receive regular copies of Surfaces Reporter Monthly issues subscribe here
Like us on Facebook 
Follow us on Twitter

About Surfaces Reporter

Surfaces Reporter is India’s 1st magazine specialized on “products & materials” for architecture & Interiors! The prime objective of Surfaces Reporter magazine is to contribute positively to the Indian material industry, with unbiased information & awareness initiatives.

Surfaces Reporter magazine has a clear & niche target group comprising of Architects, Engineers, Builders, Interior Designers, Manufacturers, Celebrities, Showrooms, Consultancy firms, and Leading Business houses, Hotels & Restaurants, and PMCs etc. If you have a Product or Project worth publishing in Surfaces Reporter, please email us hello@surfacesreporter.com or you can also submit your project online.

Like Surfaces Reporter on Facebook | Follow us on Twitter and Instagram | Subscribe to our magazine | Sign Up for the FREE Surfaces Reporter Magazine Newsletter

Post Your Comment




top stories

By 2022, around 65,000 km highways will be constructed across the country, said our Road Transport Minister, Nitin Gadkari in the Loksabha session on Thursday

India Targets to Construct 65,000 Km Highways by 2022

By 2022, around 65,000 km highways will be constructed across the country, said our Road Transport Minister, Nitin Gadka...

As Valentine’s Day is just around the corner, we can see love birds gearing up to express their true love for each other. Usually, lovers express their feelings by offering romantic gifts to their partner.

10 Architectural Wonders Built in the Name Of Love

As Valentine’s Day is just around the corner, we can see love birds gearing up to express their true love for each other...

The concept of a shared office has witnessed unprecedented growth over the last few years and has literally revolutionised the way the world and Indians work. Co-working spaces, as they are better known, are helping people find flexible, productive workspace options.

How the Rise Of Co-Working Space Is Influencing Workplace DesignsBy: Arnab Ghosh, Director, Synergy Property Development Services

The concept of a shared office has witnessed unprecedented growth over the last few years and has literally revolutionis...

More Stories