date:Aug 19, 2013
ty status by the new government with Subodh Kant Sahai holding independent charge of the Ministry of Food Processing Industries.
Processed foods are primarily derived from agricultural commodities, which often incur multiple taxes at various stages. This multiple taxation has a cascading effect on prices. Moreover, there is a wide variation in the level of taxes across states, which creates a barrier to the free flow of materials from the farm to the factory and ultimately to the consumers.
Post