Finance ministry clarifies after fears of lifting curbs on banned animal products

Will ivory , banned decades ago by India and many major countries, be legally traded under GST, ask the environment ministry and the Wildlife Crime Control Bureau. No, says the finance ministry , there will be a 5% tax on “unusual restricted trade”. And there by hangs a slightly wild tale of GST confusion. ET spoke to senior officials across departments who spoke off the record on the issue. There…