REDUCE EXCISE ON DAIRY PRODUCTS AS WELL KEEP THEM OUTSIDE GST: PHD CHAMBER

REDUCE EXCISE ON DAIRY PRODUCTS AS WELL KEEP THEM OUTSIDE GST: PHD CHAMBER

REDUCE EXCISE ON DAIRY PRODUCTS AS WELL KEEP THEM OUTSIDE GST: PHD CHAMBER

 

No.PR-49
July 8, 2016
New Delhi
 

REDUCE EXCISE ON DAIRY PRODUCTS AS WELL KEEP THEM OUTSIDE GST: PHD CHAMBER
 

A Seminar on “Doubling the Farmers’ Income Through Dairy Sector”, under aegis of PHD Chamber of Commerce and Industry here on Friday recommended to the government that the indigenous dairy sector be a part and parcel of the agri activities, its excise levy be rationalized and the sector should be kept outside purview of goods and services tax (GST).
 

The Seminar was presided over by the Secretary, Department of Animal Husbandry, Dairying and Fisheries, Ministry of Agriculture, Mr. Devendra Chaudhary for which moderation was conducted by the Vice President, PHD Chamber, Mr. Anil Khaitan in which a unified call was given for reducing the excise duty structure for dairy products from present level of 5-6 per cent.
 

It was also feared that with the enactment of GST, the dairy sector may be subjected to about 18 per cent of GST which would make it economically unviable at a time when talks for doubling the farmers’ income through dairy also are advancing as when the sector dies with excessive taxation, how come it could amount to doubling farmers’ income.
 

The focus of the seminar was also drawn towards increasing productivity of cows and buffaloes rather than increasing their number as the sole solution to increase animal productivity could be through higher yielding fodder.
 

The Secretary while speaking on the occasion emphasized that taxation on dairy products could be rationalized through value added activities of the milk produced but made no definite comments for reducing excise on dairy products nor did he indicate that his department would try for dairy products to kept outside ambit of GST, arguing that without taxation how can the government run its governance.
 

Among others who spoke on the occasion consisted of Chairperson, Agribusiness Committee, PHD Chamber, Ms. Priyanka Mittal; Managing Director Ayurvet Ltd., Dr. Anup Kalra; CEO, Reliance Dairy Foods Ltd, Dr. Harsev Singh; CEO, Agrinnovate India Limited, Mr. Ravinderjit Singh; Chief Executive, Max Care Mktg & Technical Services, Mr. K L Arora; CEO, Hetha Organics LLP, Mr. Aseem Rawat and the like.
 

Ends.

Koteshwar Prasad Dobhal
Consultant (PR)