8% DUTY TAKES SPICE OUT OF BRANDED FOODS
Article Abstract:
The government of India has levied an eight percent excise duty on branded butter, cheese, spice, skimmed milk except infant food, branded meat and fish products, packaged tea. This is likely to affect Hindustan Lever, Britannia Industries, Amul, Nestle and Tata Tea. The excise duty imposed on the packaged tea is detrimental to the value addition and quality concept. Packaged tea constitute 250 million kilograms (kg) out of the total sale of 650 million kg. The eight percent across the board customs duty is not modvatable and is likely to increase the prices of edible oils. (rk)
Comment:
India: Govt levies 8% excise duty on branded butter, cheese, spice, skimmed milk except infant food, branded meat & fish prods
Publication Name: Economic Times
Subject: Business, international
ISSN: 0013-0389
Year: 1998
User Contributions:
Comment about this article or add new information about this topic:
Ice cream, yoghurts & chilled desserts
Article Abstract:
France's retail market for ice cream, yoghurt and chilled desserts posted 13.7% real value growth from 1991 to 1995 due to general trend towards ready-to-eat food and snacking. Ice cream was a poor performer in 1991 and 1993; yoghurts was market leader in 1995; and most dynamic for five-year period was the chilled dessert sector.
Publication Name: Market Research Europe
Subject: Business, international
ISSN: 0308-3446
Year: 1997
User Contributions:
Comment about this article or add new information about this topic:
- Abstracts: Ice cream. Ice cream and other ice products in France. Ice cream in the Netherlands
- Abstracts: Teaming up for a chemical experiment. Structuring investments
- Abstracts: Steps to boost competitiveness urged to counter recession. Estrada reforms chickenfeed? That would be a start
- Abstracts: Are there any phone deals? Calling cards: cheaper by the minute. Gliding through paradise
- Abstracts: Club schools and culture. The Geneva Conventions and other anniversaries. Poets, ghosts and souvenirs