PAT appealed Govt for VAT benefit

The Planters Association of Tamil Nadu (PAT) has appealed to the State Government to extend the benefit of reduced Value Added Tax rate on teas of all producers.The association said in a release that several associations connected with the tea industry in the State had appealed to the State Government to reduce the Value Added Tax on tea and the Government had brought it down to one per cent from four per cent.

However, the Government Order on the benefit was restricted to the teas sold by the Bought Leaf Tea Factories and the Co-operative Tea Factories, both mainly confined to the Nilgiris district."It is unfortunate that the Corporate sector of the tea industry had been excluded from this benefit."The new arrangement would result in a dual form of taxation in respect of the different classes of tea producers in the same market and would lead to "unwanted competitiveness and confusion among the buyers," the release said.The situation required a reconsideration, it said.

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