Thursday, November 7, 2024
₹0.00

No products in the cart.

HomeGST NEWSTamil Nadu country craft fishermen seek waiver of customs duty and GST...

Tamil Nadu country craft fishermen seek waiver of customs duty and GST on engines

Date:

Related stories

Service of Show Cause Notice on driver is not sufficient to be equated with adequate opportunity.

Case Details: Particular Details Case No. WP(MD)No. 24778 of 2022 Case Name Ramki Cements Pvt...

Anticipatory Bail for offences committed under GST Act

Case Details: Particular Details Case No. Bail Appln. No. 3771 of 2021 Case Name Tarun Jain...

Country craft fishermen of Tuticorin, Tirunelveli and Kanyakumari districts have urged the Tamil Nady government and central government to waive customs duty (35.04%), goods and services tax (GST at 28%) and handling charge (1%) on import of outboard machines (OBM) used to propel the crafts. According to them,these taxes have escalated the price of the engine by Rs 57,915 from its base price of Rs 77,655.

President of Thoothukudi District Country Boat Fishermen Association S J Gayes said that nearly 20,000 boats from Tuticorin, Tirunelveli and Kanyakumari go fishing every day for a distance of up to 50 nautical miles and that 90% of fishermen go fishing in country crafts and fibre boats, propelled by OBMs.These fishermen depend on daily fishing for a livelihood and cannot afford to buy imported engines. “

Country craft fishermen have urged the government to provide 40% subsidy from the base price of the engine so that fishermen would be able to get it at Rs 46,000.

Source: https://timesofindia.indiatimes.com/city/madurai/tamil-nadu-country-craft-fishermen-seek-waiver-of-customs-duty-and-gst-on-engines/articleshow/67855345.cms

Subscribe

- Never miss a story with notifications

- Gain full access to our premium content

- Browse free from up to 5 devices at once

Latest stories

LEAVE A REPLY

Please enter your comment!
Please enter your name here