Karnataka slashes user cess on APMCs from 1% to 0.60%

Karnataka slashes user cess on APMCs from 1% to 0.60%
  Mon, Dec 28 2020 08:34:32 PM
From Our Special Correspondent
Daijiworld Media Network
Bengaluru, Dec 28: Karnataka has decided to slash the market user cess imposed in Agriculture Produce Market Committees (APMCs) from 1% to 0.60% of the transaction value.
The decision taken at the state cabinet meeting presided by chief minister B S Yediyurappa on Monday is expected to benefit of 36,000 registered traders in 161 AMPCs in the state.
The state government issued an order on December 15, 2020, and increased the user fee in APMCs to 1%.
Traders demanded a total withdrawal of the hike in user cess and demanded a level playing field with the trade that occurs outside the APMC jurisdiction.

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