Planters urge state govt to withdraw additional tax

Friday, Sep 19, 2014,18:11 IST By metrovaartha A A A

Association of Planters of Kerala (APK) today asked the Kerala government to withdraw the additional taxes imposed on the Plantation sector as it would only bleed and sink the industry.
The government’s decision to raise the Plantation Tax by 100 per cent and Land Tax by 150 per cent has come as a ‘shock’ to the Plantation industry, particularly at a time when the price of tea and rubber have been falling drastically, APK Chairman, Gilbert Dsouza told reporters here.
The price of tea has fallen by 30 per cent, while price of rubber and cardamom were down by 40 and 50 per cent respectively, he said.
Apart from the statutory commitments, the plantation industry pays a host of taxes, including Plantation Tax, which was only being levied in kerala, 50 per cent Agricultural Income Tax-the highest paid by Kerala plantations in the country, Basic land tax, Vat and sales tax- they claimed.