Notebook Manufacturers Urge Review of GST Rates

Imagine companies that make notebooks.

The government recently changed taxes to try and make notebooks cheaper.

They made the tax on notebooks zero.

However, the companies pay taxes on the materials they use to make the notebooks, like wood and pulp.

Now, the companies can't get back the money they paid in taxes on those materials.

This means making notebooks actually costs them more.

They want the government to fix this, maybe by taxing notebooks a little or by letting them get their tax money back.

They're worried that the notebooks won't be cheaper for students, which was the original plan.