States should de-notify GST Items from APMC ACT ( 2 )

APMC has become a barrier on farmers and a burden on traders who trade in farm products which are used as industrial raw material – Tr...

States should de-notify GST Items from APMC ACT ( 1 )

According to the finance minister’s statement in the parliament, India will become one economic market with the roll-out of GST. But ...



Finally 5% GST Bracket for Cashew Nut

GST council has brought down the tax rate on cashew nut from 12% to 5%. Entire cashew sector of India will happily welcome today’s de...

This June will be the Best Month of the Year for Indian Cashew Kernel

Exporters are buying W320 around ₹8600+VAT/11.340 kilo/Goa-Mangalore. Domestic demand is around ₹9350/Same quantity/including VAT.  B...



GST Rate on Cashew is Not Acceptable to West Bengal !

West Bengal’s finance minister Amit Mitra is the most important person after Union finance minister Arun Jaitly in the GST Council. ...

‘With in the State Trade’ & Imports will Suffer After the GST

Current VAT rate is 5 to 5.5 percent in the manufacturing region. It will become 12% after 40 days! So, processors and traders should share ...

12% GST Slab for Cashew

Finally, the GST rates are announced. Dry fruits and cashew are under 12% Tax slab. Importers have to pay the basic customs duty and the GST...

Export Market Nears Rs10000/W320/11.340 Kilo/Including All Subsidies & Benefits

Large scale exporters get $5.10/pound/W320, which is equal to Rs8200 according to current exchange rate. If we add 9.36% import duty, it bec...

Indian Buyers Slow in Following Export Trend

Exporters are the bulk buyers despite the Ramadan festive month will begin on Friday, 26 May. Their price is ₹8400+VAT/W320/11.340 kilo/W...

W320 Towards $5/Pound : This Time Exporters should Thank Rupee Appreciation

Usually, exporters make lobbying for the currency depreciation. They earn more in the exchange market when their domestic currency decreases...

Wholes Dull but LWP Pieces Active

Despite slowdown in the kernel production, once again there is no bulk buying in the wholes category. North Indian buyers think that the be...

Workers Attendance Problem Results in Kernel Shortage

Workers attendance is below 50% in most cashew factories in India on account of severe summer. Some processors are forced to give holidays w...

W320 Back to Normal but Difference Narrows Between W240 and W320

F.O.B price of W320 is moving around $4.80/pound/India/immediate shipment. The price increase is proportionate to the current Rupee apprecia...

Panic is the Final Result When Cashew Harvest Becomes a Massive Flood

Panic in the Indian raw cashew is not because of a sensational news from Jharkhand. According to some media reports, current raw nut price ...

Rupee Appreciation Shocks Indian Cashew Trade

Exporters buying interest is on decrease as there is no stop to the continuing Rupee appreciation.Their rate for premium W320 is ₹7800+VA...

Summer Demand Begins in Splits and Pieces.

Wholesalers are back in the Indian splits and piece grades with the anticipation of better retail sale from April onwards. Supply should tal...