Seafood Exporters Association of India (SEAI) demands grant agriculture status to aquaculture sector and exempting seafood from the proposed Goods and Services Tax.
SEAI president V Padmanabham talks at India International Seafood Show 2016 ‘Fisheries sector is under the Agriculture Ministry but it does not enjoy the status of agriculture. The Centre should grant agriculture status to aquaculture as it will help fishermen garner more revenue and also enhance seafood production in the country’
Source : pit news
MPEDA, which is currently studying the impact of GST on seafood, has already put forward a request that the sector be exempted from GST, which is expected to come into force from April next year. seafood exporters also raised their demand for a single international agency to oversee quality control and related issues for export of marine products.
India has already put in place stringent quality control norms, as a result of which export of seafood to countries like the US and Japan has increased significantly over the last few years.
With a new focus now on processing and value addition, MPEDA and SEAI are confident India’s marine products exports will touch USD 10 billion by 2020.
Source : pit news
SEAI wants agriculture status for aquaculture sector
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