GST: Tata Steel can sell Kalinganagar products beyond Odisha

Firm was earlier bound to sell products from its Kalinganagar works only within the state

The roll-out of the goods and services tax (GST) scheduled from July 1, will allow Tata Steel to sell finished products manufactured at its Kalinganagar steel mill, in Odisha, outside the state.

Tata Steel was bound by a memorandum of understanding (MoU) signed with the state government in November 2004 to sell finished products from its Kalinganagar products within the state. The restrictive clause was not applicable to exports.

Kalinganagar started commercial operations in May 2016. Since then, its products such as ferroshots and hot rolled coils were exported, mainly to Southeast Asia. The finished steel products could not be