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New Tax Will Likely Inflate India Tea Prices

By Dan Bolton Aug 29, 2016 9:28am
Tea Board of India India Indian Tea Association Goods and Services Tax
India tea growers and processors anticipate price increases in April 2017 with implementation of the Goods and Services Tax (GST).
India tea growers and processors anticipate price increases in April 2017 with implementation of the Goods and Services Tax (GST).
Business Standard Business Standard,

Tea processors oppose a proposed 1% interstate transportation tax on movement of processed tea with or without a sale. Currently the tax is paid only when tea is sold.
Tea processors oppose a proposed 1% interstate transportation tax on movement of processed tea with or without a sale. Currently the tax is paid only when tea is sold.
he told shareholders

The Economic Times
The Economic Times ,

The Business Standard
Tea Board of India India Indian Tea Association Goods and Services Tax Assam Tea Planters' Association North Eastern Tea Association Bharatiya Cha Parishad Industry Analysis Tea Nerdery Features