SME Times is powered by   
Search News
Just in:   • Adani Group to invest Rs 57,575 crore in Odisha  • 'Dollar Distancing' finally happening? Time for India to pitch Rupee as credible alternative: SBI Ecowrap  • 49% Indian startups now from tier 2, 3 cities: Jitendra Singh  • 'India ranks 3rd in global startup ecosystem & number of unicorns'  • LinkedIn lays off entire global events marketing team: Report 
Last updated: 30 Nov, 2018  

Orissa map THMB Odisha seeks 5% GST on ‘kendu’ leaves

Orissa map
   Top Stories
» 49% Indian startups now from tier 2, 3 cities: Jitendra Singh
» 'India ranks 3rd in global startup ecosystem & number of unicorns'
» Tripura exported over 9K tonnes of pineapples in 2 years
» CPI inflation eases to 6.71% in July, IIP falls to 12.3%
» Rupee depreciates 12 paise to close at 79.64 against US dollar
SME Times News Bureau | 30 Nov, 2018
Odisha Chief Minister Naveen Patnaik on Thursday requested Union Finance Minister Arun Jaitley to reduce the Goods and Services Tax (GST) on ‘kendu’ (tendu) leaves from 18 per cent to 5 per cent.

In a letter to Jaitley, the Chief Minister requested the matter be placed in the next GST Council meeting which could consider reducing the GST on the forest produce.

He said the tribals have the right to procure and sell these products.

After the implementation of GST from July 1, 2017, 18% GST is levied on Kendu leaf. In Odisha, prior to implementation of GST, there was 5% VAT on Kendu (Tendu) leaf, Patnaik said.

“This hike from 5% to 18% is very high. Due to such hike in the GST rate, thousands of quintals of kendu leaves are still lying at various godowns. This has led to a drop in selling price of Kendu leaves sold by Odisha Forest Development Corporation Ltd. through tender,” he added.

He said the drop in selling price of Kendu leaves has adversely impacted the implementation of social security and welfare schemes for 8.5 lakh Kendu leaf pluckers, seasonal workers and binding workers engaged in this trade.

 
Print the Page
Add to Favorite
 
Share this on :
 

Please comment on this story:
 
Subject :
Message:
(Maximum 1500 characters)  Characters left 1500
Your name:
 

 
  Customs Exchange Rates
Currency Import Export
US Dollar
66.20
64.50
UK Pound
87.50
84.65
Euro
78.25
75.65
Japanese Yen 58.85 56.85
As on 13 Aug, 2022
  Daily Poll
PM Modi's recent US visit to redefine India-US bilateral relations
 Yes
 No
 Can't say
  Commented Stories
» GIC Re's revenue from obligatory cession threatened(1)
 
 
About Us  |   Advertise with Us  
  Useful Links  |   Terms and Conditions  |   Disclaimer  |   Contact Us  
Follow Us : Facebook Twitter