Maharashtra govt extends VAT exemption on raisins

Image
Press Trust of India Mumbai
Last Updated : Jan 20 2013 | 3:44 AM IST

The decision, taken at a state cabinet meeting here, will benefit farmers, an official said after the meeting chaired by Chief Minister Prithviraj Chavan.

The meeting decided to extend the VAT concession for the dry fruit till May 31, 2013. It was earlier applicable till May 31, 2012.

The decision would impose a burden of Rs 25 crore on the state exchequer.

Farmers' organisations in Maharashtra have been demanding VAT exemption, saying raisin processing is done by farmers themselves and not by any agro processing industry.

  

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: May 24 2012 | 12:35 AM IST

Next Story