NE NEWS SERVICE
CHENNAI, SEP 4
A one percent market levy on cotton and cotton waste would be withdrawn and the relevant legislation shall be suitably amended to give effect to it, Chief Minister M K Stalin announced in the Assembly on Saturday.
Citing representations from weavers and entrepreneurs, Stalin said the levy of one per cent fee by the market committee “is cancelled,” and an amendment Bill would be passed in the ongoing Assembly session.
நெசவாளர்கள் மற்றும் தொழில்முனைவோர்களின் நெடுநாள் கோரிக்கையை ஏற்று, பஞ்சு – கழிவுப்பஞ்சு மீதான சந்தை நுழைவு வரி (சந்தைக் கட்டணம்) முழுவதுமாக நீக்கப்படுகிறது. சட்டமன்றத்தின் நடப்புக் கூட்டத்தொடரிலேயே இதற்கான சட்டத்திருத்தம் மேற்கொள்ளப்படும்.
கழக அரசு என்றுமே நெசவாளர்களின் நண்பன்! pic.twitter.com/MFJDpozKvr
— M.K.Stalin (@mkstalin) September 4, 2021
Under the Tamil Nadu Agricultural Produce Marketing (Regulation) Act 1987, one percent fee is levied on cotton and cotton waste -based on the sale value- by the market committee.
While such a fee should be levied only on cotton bales, cotton and cotton waste also face the one per cent fee, the Chief Minister said.
Due to this, small mills faced huge difficulties and withdrawal of levy on cotton has been a long time demand of weavers and entrepreneurs, he said.
During a consultation after his government assumed office on May 7 this request was reiterated. Considering such requests, the one percent market levy is cancelled, he added.
According to the TNAPM Act, the market committee shall levy a fee on any notified agricultural produce bought or sold in the notified market area.
