Indian Government may consider duty benefits for tea, coffee industry
Michael Chen
Senior Web Developer
The Indian Government may consider reducing duty on import of processing machinery for the tea and coffee industry with a view to boost domestic production and exports.
The industry has demanded reduction of duties on imports of machineries used in processing of tea and coffee.
While the duty on coffee processing machines are about 30 per cent, on tea machines it is about 10 per cent.
The Commerce and Industry Ministry has suggested its Finance counterpart to consider the industry’s demand, sources said.
There are few tea and coffee machinery manufacturers in India and there is a need for modern technology to move up to the value chain, they said, adding that India mainly imports these machines from countries like Germany, Japan and China.
Source: comunicaffe.com/indian-government-may-consider-duty-benefits-tea-coffee-industry-2/
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