1 month ago

Andhra Pradesh Seeks GST Cut on Raw Tobacco

Andhra Pradesh Seeks GST Cut on Raw Tobacco
AP Seeks GST Cut on Raw Tobacco, Stronger Central Support for Agriculture · deccanchronicle.com

The state government of Andhra Pradesh has asked the Central Government to lower the tax on raw tobacco from 40% to 28%.

They believe this will help farmers, traders, and exporters.

The state government also wants more help from the Central Government for farmers and industries.

They talked about many things like better prices for crops, storage facilities, and using new technology in farming.

The Central Government said they will think about these requests.

Key facts

Current GST on Raw Tobacco
40%
Proposed GST on Raw Tobacco
28%
Key Issues Discussed
Remunerative prices for crops, procurement, marketing infrastructure, value addition, storage facilities, food processing, crop insurance, disaster relief, and measures to enhance farmers' incomes.
Challenges Highlighted
Rising cultivation costs, climate change, drought, cyclones, and excessive rainfall.
Central Support Sought
Support for warehouses, cold storage facilities, processing units, digital agriculture, drone technology, mechanisation, soil health management, and efficient water use.

Quotes

K Atchannaidu

Agriculture Minister who led the delegation

“Reducing the rate to 28 per cent would give substantial relief to growers, dealers and exporters”
thehansindia.com

Sources

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