GST cut for e-books, but publishers are not elated

A lower tax rate is applicable if titles also have a print version, which has not excited the industry What might have been a leg-up for book publishers to help reduce their carbon footprint, might just end being a weak announcement by the government. The GST Council has announced some ‘relief’ for publishers in the form of reduction in GST on e-book sales — from 18% to 5%. The reduction is applic…