THE SMART TRICK OF CAMPCO APPEALS FOR GST REDUCTION TO BOOST ARECANUT AND AGRICULTURAL INPUTS THAT NOBODY IS DISCUSSING

The smart Trick of Campco Appeals for GST Reduction to Boost Arecanut and Agricultural Inputs That Nobody is Discussing

The smart Trick of Campco Appeals for GST Reduction to Boost Arecanut and Agricultural Inputs That Nobody is Discussing

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Kodgi also highlighted the crucial should reduce the GST on copper sulphate from 18% to 5%. Copper sulphate, A vital fungicide Utilized in the cultivation of arecanut, coffee, and rubber, stands being a cornerstone in present day agricultural techniques.

Campco also urged The federal government to lessen customs responsibility on Carbon Fibre poles so as to assistance farmers become self-ample.

 that's why on behalf in the farming Group, Campco has aided farmers avail financial loans from cooperative societies to cultivate option crops.

Sumit Sharma on Is the availability beneath SAC 998351 to become classified being an exempt offer or regarded as a nil-rated offer?

Requesting the GST Council to scale back GST on arecanut and copper sulphate, he reported It could be in the ideal desire of arecanut, rubber and pepper growers.

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“considering that ARDF is however to study and commercialise more goods for farmers, the government will require to extend economical assistance for the tune of Rs five crore,” mentioned Campco.

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A uniform fee of tax should be levied for agricultural function, and copper sulphate must be brought under 1 chapter with solitary HSN Code to avoid confusions, he explained.

Along with tax revisions, Kodgi urged The federal government to decrease the Customs obligation on Innovative agricultural applications, notably carbon fibre poles, that are indispensable for responsibilities including fungicide spraying and crop harvesting.

at any given time when organised marketplaces like the cooperative sector have paid more info out in excess of many hundreds of crore as GST given that its implementation, the quantity owing from one other gamers out there is often enormous, he explained.

A media statement by MIA explained This is actually the maximum quantity in the crop which the ICT has managed because it begun domestic cargo operation on may possibly 1, 2023.

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