CAMPCO urges Centre to reduce GST on arecanut

Central Arecanut and Cocoa Marketing and Processing Cooperative Ltd. president A. Kishore Kumar Kodgi said that the government should strengthen measures to curb illegal imports of arecanut and pepper

Updated - July 03, 2024 02:28 pm IST

Published - July 03, 2024 08:27 am IST - MANGALURU

An arecanut plantation at Panadavapura in Mandya district of Karnataka.

An arecanut plantation at Panadavapura in Mandya district of Karnataka. | Photo Credit: Bhagya Prakash K

The Central Arecanut and Cocoa Marketing and Processing Cooperative Ltd. (CAMPCO), Mangaluru, has appealed to the Union Finance Minister Nirmala Sitharaman to reduce GST on arecanut from 5% to 2% and on Copper Sulphate used as a pesticide in farming from 18% to 5%.

In a letter to the Minister on Monday, the president of the cooperative A. Kishore Kumar Kodgi urged the Centre to reduce customs duty on carbon fibre poles to make advance agricultural tools more affordable to farmers.

Mr. Kodgi said that the government should strengthen measures to curb illegal imports of arecanut and pepper.

“Illegal imports compromise our market and endanger public health. We must burn these illegally imported goods to prevent them from re-entering the market,” Mr. Kodgi said.

The president said that the government should fix the minimum auction price for seized arecanut, simplify the GST structure, and fund for research on the medicinal benefits of arecanut and combating Yellow Leaf Disease.

0 / 0
Sign in to unlock member-only benefits!
  • Access 10 free stories every month
  • Save stories to read later
  • Access to comment on every story
  • Sign-up/manage your newsletter subscriptions with a single click
  • Get notified by email for early access to discounts & offers on our products
Sign in

Comments

Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.

We have migrated to a new commenting platform. If you are already a registered user of The Hindu and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.