ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

A+| A| A-

Tea- Structural Problems

ponents. Taking the concessions and the additional burden together, the net benefit to the industry will work out to Rs 57.50 crore.
How much of the net benefit will accrue to the mill industry and what will be the share of the decentralised sector, it is difficult to say. According to the ICMF sources, nearly four-fifths of the burden resulting from the increase in additional excise duty in lieu of sales tax on processed man-made fabrics of value above Rs 25 a square metre will be borne by the art silk sector. And out of the total relief of Rs 28.40 crore in respect of cotton fabrics of value upto Rs 5 a square metre, about Rs 10 crore is expected to accrue to mill-made cloth.

Dear Reader,

To continue reading, become a subscriber.

Explore our attractive subscription offers.

Click here

Back to Top