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GST rate cuts to boost Uttar Pradesh's craft and industrial clusters

New Delhi, October 2: The recent Goods and Services Tax (GST) rate rationalisation has extended relief across key sectors, including handicrafts, food products, footwear, toys, textiles and industrial goods. According to a government release on Thursday, the reforms are expected to lower costs for consumers, improve margins for artisans and micro, small and medium enterprises (MSMEs), and strengthen the competitiveness of Uttar Pradesh's export clusters.