Now Reading: Campco seeks one nation one tax for cooperatives, Shah assures action
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Campco seeks one nation one tax for cooperatives, Shah assures action
A delegation from the Central Arecanut and Cocoa Marketing and Processing Cooperative (Campco) met Union ministers Amit Shah and Nirmala Sitharaman on Friday, seeking uniform taxation to protect cooperatives from local levies…
The Story in Brief
A delegation from the Central Arecanut and Cocoa Marketing and Processing Cooperative (Campco) met Union ministers Amit Shah and Nirmala Sitharaman on Friday, seeking uniform taxation to protect cooperatives from local levies that private traders often circumvent. The ministers assured action on the grievances, including curbing illegal and undervalued arecanut imports under new HS classifications introduced last October.
The delegation, which included BJP MPs and former minister Araga Jnanendra, also raised the 18 per cent GST on copper sulphate used as fungicide in Bordeaux mixture, compared to 5 per cent for the same product as a micronutrient. Sitharaman said the government is strengthening port vigilance to prevent improperly imported goods from entering the domestic market.
The Indian Opinion
The demand for uniform taxation sounds reasonable, but the real test is enforcement. Private traders have always found loopholes; blaming GST for state-level levies may be missing the point. The bigger story is the flood of cheap, undervalued arecanut imports that ministers have heard about for years. Will port vigilance actually tighten, or will this join the long list of assurances that end with a file note?
Sources (2): thehindubusinessline.com, deccanherald.com
This story was synthesised by AI from the 2 sources linked above.
Updated: this story now draws on 2 sources.
