Maharashtra Industries department has decided to form a committee to study the impact of Goods and Services Tax (GST) on industries in the state.
GST was rolled out across the country from July 1.
Maharashtra Industries minister Subhash Desai said the department has decided to form a committee under the Industries secretary to study the GST impact on industries.
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Meanwhile, an official from the Industries Department said, the present industrial policy was aimed at generating more revenue through various taxes in place.
"However as far as GST is concerned, the tax slabs are same across the country which may not benefit a particular state to gain tax benefits from manufacturing," he said.
"Now it is the time that we make necessary changes in the policy as we need industries, which are consumer products based," he added.