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Print post-GST rates on items or go to jail, government warns traders

-The Times of India NEW DELHI: The government on Friday warned manufacturer, importer and sellers of pre-packaged goods of penalties ranging from fines of up to Rs 1 lakh or prison terms up to a year for repeat offence of not printing the post-GST rates on product labels. The consumer affairs ministry has come out with the new norm for affixing the revised maximum retail price (MRP) on the old stocks,...

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Farmers from Maharashtra to sell produce directly in Delhi -Parthasarathi Biswas

-The Indian Express The FPC movement in Maharashtra has seen much action over the last year or so. Working under the banner of MahaFPC, the FPCs had purchased more than 25,000 MT of tur last year. Pune: After their success in government procurement, the Farmer Producers Companies (FPCs) of Maharashtra are eyeing the wholesale markets in other states as avenues for their produce. In the first phase MahaFPC, the consortium of...

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Entering the age of GST -M Govinda Rao

-The Hindu The long-term benefits of GST are clear — the challenge is to quickly address the short-term obstacles The Goods and Services Tax (GST) is in force from today. The reform, touted as a “game changer” and the “reform of the century”, was deemed worthy of a launch on the midnight of June 30 in the Central Hall of the Parliament. Indeed, one is reminded of the famous speech by Pandit...

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GST fear: Drug-makers expect shortage of medicines

-The Times of India NEW DELHI: With just a day to go before the roll out of goods and services tax (GST) in India from July 1, the country's drug industry fears that there may be a temporary shortage of medicines as many traders and chemists are yet to comply with the norms. Though the All India Organisation of Chemists and Druggists, which represents over 8 lakh chemists, has assured the government...

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'Let them sell pakodas': Maharashtra farmers do not benefit from growing even high-priced tur now -Manas Roshan

-Scroll.in The minimum support price of Rs 5,050 per quintal barely covers the input cost, yet the going market rate is just about Rs. 4,500. Sudhakar Patil, 65, is a farmer in Bhayar Chincholi village in Maharashtra’s Osmanabad district. He cultivates a mix of tur, urad and moong on his 11-acre farm in the kharif season and chana and wheat in winter. In a good year, when there’s water in the...

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