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BusinessLogr > Industry > Budget 2016: Government may consider duty benefits for tea, coffee industry
Industry

Budget 2016: Government may consider duty benefits for tea, coffee industry

souvik
Last updated: 2016/02/18 at 5:16 PM
souvik Published February 18, 2016
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Government may consider reducing duty on import of processing machinery for the tea and coffee industry.

In pic: Tea pluckers at work during the season near Palampur.

Government may consider reducing duty on import of processing machinery for the tea and coffee industry with a view to boost domestic production and exports.

The industry has demanded reduction of duties on imports of machineries used in processing of tea and coffee.

While the duty on coffee processing machines are about 30 per cent, on tea machines it is about 10 per cent.

The Commerce and Industry Ministry has suggested its Finance counterpart to consider the ind ..

[“Source-indiatimes”]

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TAGGED: coffee industry, Government may consider, tea
souvik February 18, 2016
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