GST: Finance ministry clarifies after fears of lifting curbs on banned animal products [http://cmsenvis.cmsindia.org/resources/newspaper/details.asp?id=91173]NEW DELHI: Will ivory, banned decades ago by India and many major countries, be legally traded under GST, ask the environment ministry and the Wildlife Crime Control Bureau. No, says the finance ministry, there will be a 5% tax on “unusual restricted trade”. And there by hangs a slightly wild tale of GST confusion. ET spoke to senior officials across departments who spoke off the record on the issue. There is a ban on trading in ivory, as well as coral, musk, and other so¬called products from protected or endangered species, as declared in the Wildlife Protection Act, 1972.