No Toll Tax On Export Of Basmati Rice:J&K Govt

 

SRINAGAR, June 06:Minister for Youth Services & Sports, Information Technology and Technical Education today informed the House that Basmati rice exported outside the State is exempted from toll tax.

Replying to a question by Mr Kuldeep Raj, the Minister however said that neither any such exemption is available for Basmati paddy being exported to the Punjab State nor any proposal was under consideration of Government as it will adversely affect the local Rice Sheller Units.

The Minister informed the house that as per entry No 34 of Schedule A to Notification SRO 167 of 16 June, 2005, paddy is already under zero-rated category. He said the continuation of the said entry is reviewed annually by the Government and presently the said item has been kept in zero per cent rate category upto ending March 2017.

 

Comments

Cross Town News is the no. 1 Weekly Newspaper and Online News Portal in J&K in term of serious News. The rugged Newspaper & Portal is with a substantial difference to read and presence to feel. This newspaper has a vision to deliver the real side of truth to the public . Since it’s inception in 2013 March, It has become No. 1 News medium for people of J&K. Cross Town News has a mission to deliver high quality news across the nation within fraction of time.

Subscribe Now

Subscribe to our weekly Newsletter.