New Delhi: Under the new rates, Marble and travertine blocks and Granite Blocks will now attract GST rate of 5% compared to the earlier rate of 12%. This reduction in GST rates will benefit the housing sector as these marble and granite are used largely in housing industry. Granite and marble extraction are happening in States like Rajasthan, Gujarat and Karnataka, said Ministry of Mines. In addition to this, reduction of GST rates on Sand lime bricks or Stone inlay work will help lower the construction cost of low-cost housing,...