News > Karnataka readies to exempt GST, royalty on construction material, says CM

Karnataka readies to exempt GST, royalty on construction material, says CM

LiveMint | 01/03/2022 01:43 PM | Click to read full article

Karnataka Chief Minister Basavaraj Bommai has said that he is ready to exempt GST and royalty on steel, cement, and other construction materials if the Centre bears 25% of the land acquisition cost for the projects.

CM Bommai was speaking during the foundation laying ceremony for 925 kilometres of the national highway.