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TN: Plea to abolish resale tax on paper, boards.

Asia Africa Intelligence Wire

| July 30, 2002 | COPYRIGHT 2003 Financial Times Ltd. (Hide copyright information)Copyright

(From Business Line)

CHENNAI, July 29 THE Madras Paper Merchants Association has urged the Tamil Nadu Government to abolish the resale tax on paper and paperboards.

According to the association press release, the resale tax introduced with effect from July 1 has pushed up the price of paper and paperboards by Rs 2000 per tonne.

This has adversely affected the notebook manufacturers and the printing and publishing industry.

In a petition to the State Government the …

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