Paper industry warns of price rise for consumers due to GST hike

New Delhi, Sep 25 (PTI) The Indian paper industry has warned that the recent GST hike on paper and paperboard to 18 per cent will have a far-reaching adverse impact on consumers and MSMEs, leading to higher prices of paper products.  Calling the GST hike on paper from 12 per cent to 18 per cent a regressive step, the Indian Paper Manufacturers Association in a statement said that the increase…