‘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...
Sky is the Limit : Now for Husk, Next for Shells?
Two Years ago, the per kilo price of cashew shells and cashew husk was around Rs10 and Rs3 respectively. But now the price of husk is Rs40/k...
Fixing Each Commodity Under A Suitable GST Slab Not Possible Till April
Roll-out date of GST in India is July 1, 2017. Finance minister thinks that there is enough time for each and every change, including the m...
Activity Improves in West Africa as Rupee Appreciation Continues.
Indian processors have started bulk purchases in West Africa because of the favorable exchange market. Their purchase price is above $1650/...
Firm Trend in Cashew Kernel Despite Fiscal Year-end Problems
Buyers entry in the Indian cashew kernel is slowly improving as raw cashew prices are still unworkable to the industry. W320 is moving aroun...
Soon GST Council will Decide Tax Rates on Individual Commodities
Suspense over the GST rate may finally end during this budget session of the Indian Parliament. Finance ministers from Kerala, Karnataka, Ta...
