date:Jun 03, 2016
uced from 10% to 6%. Pre-Cold Storage services like pre-conditioning, pre-cooling, ripening, waxing, retail packing, labelling of fruits and vegetables have been exempted from Services Tax. Loans to food agro-based processing units and cold chains have been classified under agriculture activities for Priority Sector Lending subject to aggregate sanctioned limit of Rs 100 crore per borrower.
The ministry has launched an online system to file claims under flagship schemes like Mega Food Parks an