- News: The tea industry has sought a special tax rate under the new GST regime
- Present System: Various concessions/ benefits are provided both by the Centre and the State to tea sector
- These benefits are in the nature of exemption from excise duty payment and lower VAT rates on tea across all states
- Challenge: The industry is facing a host of problems, ranging from ageing tea bushes to climate change
- Significance: Tea industry provides direct employment to more than 1.1 million, half of whom are women. It acts a source of livelihood for poorer sections of the society
Plantation Agriculture – RISPC, Tea Act, etc.
Tea industry seeks special rate under GST
- News: The tea industry has sought a special tax rate under the new GST regime
- Present System: Various concessions/ benefits are provided both by the Centre and the State to tea sector
- These benefits are in the nature of exemption from excise duty payment and lower VAT rates on tea across all states
- Challenge: The industry is facing a host of problems, ranging from ageing tea bushes to climate change
- Significance: Tea industry provides direct employment to more than 1.1 million, half of whom are women. It acts a source of livelihood for poorer sections of the society
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