News
GST Panel Awaits Attorney General’s View On Sugar Cess To Help Cane Farmers
- Date:
- June 5, 2018
- Source:
- Bloomberg Quint
A goods and services tax panel still awaits Attorney General KK Venugopal’s opinion on a special cess to compensate sugarcane farmers as prices have plunged and cash-starved mills struggle to clear cane dues. “The special cess of Rs 3 per kilogram over and above 5 percent GST on sugar, if implemented, will be used to create a welfare fund to settle farmer dues,” said Sudhir Mungantiwar, finance mi…