Rubber growers want to withdraw market cess

rubberRubber growers ordered for the removal of market cess imposed by regulated markets on rubber.

On Saturday, C. Balachandran Nair, Secretary of Kanniyakumari District Rubber Farmers Association, said GST for rubber was fixed at 5%. Various taxes and levies subsumed should be part of the transaction or supply chain that commenced with import/manufacture/production of goods or provision of services at one end and the consumption of goods and services at the other end. All state cess and surcharges in so far, as they relate to the supply of goods and service would be subsumed in GST.

“The Union Minister of State for Commerce and Industry Nirmala Seetharaman told us that all such taxes, levies, cesses, fees, surcharges, octroy, etc. should be collected in the course of the supply of goods and services will be subsumed under the GST fold,” Nair said.

The office-bearers of the association reiterated that the market cess should be withdrawn once the GST rolled out, at a GST seminar last Sunday. They also decided not to pay market cess four days ago, to the regulatory markets while supplying rubber.