Now Reading: Campco seeks uniform tax rule, flags illegal arecanut imports
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Campco seeks uniform tax rule, flags illegal arecanut imports
Campco has asked Union Cooperation Minister Amit Shah for a uniform taxation framework, saying cooperatives face additional local levies that private traders avoid, putting them at a disadvantage. Shah assured the delegation…
The Story in Brief
Campco has asked Union Cooperation Minister Amit Shah for a uniform taxation framework, saying cooperatives face additional local levies that private traders avoid, putting them at a disadvantage. Shah assured the delegation of suitable action on the deviations brought to his notice.
The delegation also flagged illegal and undervalued arecanut imports under new HS classifications introduced in October, which are depressing domestic prices. Separately, it told Finance Minister Nirmala Sitharaman that copper sulphate used as a fungicide attracts 18 per cent GST, while the same product carries only 5 per cent GST when used as a micronutrient, urging rationalisation. Sitharaman said the government is strengthening vigilance at ports against improperly imported goods.
The Indian Opinion
The usual story: cooperatives are virtuous, private traders are shifty, and the government just needs to act. Campco's plea for 'One Nation, One Tax' sounds fair, but the real test is enforcement. States levy local taxes precisely because they need revenue; expecting private traders to simply 'structure' their way out of GST is a lazy narrative that ignores the complexity of compliance. The delegation's stronger point, illegal arecanut imports under new HS codes, needs numbers. By next quarter, check customs seizure data: if undervalued imports have actually dropped, the government's vigilance pledge means something.
Source: thehindubusinessline.com
This story was synthesised by AI from the source linked above.
