Mangaluru : The implementation of GST from 1st July, 2017 has been welcomed with open arms said S.R.Satishchandra, President and the Board of Management of CAMPCO Ltd., Mangaluru.

GST will become one of the biggest fiscal reform that our Country has witnessed. Due to this paradigm shift, definitely the business Sector will have a tremendous impact.

One Country, Unified Tax rate will definitely boost the Cooperatives and especially the Agriculture Sector. Areca Growers will look forward to better future days with stability in Prices, he said.

Digitalisation formalities, taxation simplification, etc. will all create a feasible environment for better business. Post eradication of various taxes, especially in Kerala where there is no APMC Fee will help the Areca Growers.In Karnataka, it would be of great help if the State Government could make the APMC Market Fee at par with the neigbouring States.

Overall, the Board of Management expressed that the implementation of GST, in the long run would definitely benefit the Farmers as there will be a single unified National Agriculture Market. GST would ensure that Farmers in India who contribute the most to GDP, will be able to sell their produce for the best available price.