date:Jun 13, 2016
of the ministry to help the investors understand the demand and supply needs.
Briefing about tax incentives, the minister said that in the last two years, Excise Duty on machinery for processing has been reduced from 10% to 6%. Pre-cold storage services like pre-conditioning, pre-cooling, ripening, waxing, retail packaging, 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 ac