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Appeal to exempt VAT on bamboo products
Correspondent KOHIMA, SEPT 17 (NPN):
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Published on 18 Sep. 2010 12:48 AM IST
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Investors and entrepreneurs, involved in bamboo sectors, have opined that, to popularize modern uses of bamboo as substitute to timber, the present regulatory mechanism on movement of bamboo and its products should be done away with and that value added tax (VAT) be exempted on this products.
This observation evolved during the ongoing two-day International Seminar on “Green gold” at Naga Heritage village Kisama Friday.
Articulating the grievances of entrepreneurs at the “investors meet” today, NEC member P.P. Srivastava encouraged that society rose up on the issue for the removal of various restriction on bamboo and its products.
He strongly felt that there should be duty free on bamboo and its products if it was to be popularized.
He suggested the need for a separate board like coffee and tea board and that National Bamboo Mission go for proper advertisement campaign like any other products.
Underlining the need for government to adopt policy to use bamboo and its product for construction, Srivastava called for bringing bamboo into the PWD code and create a separate nodal agency for a single window service.
With regard to this, the NEC member suggested why not the state gave the authority to the state bamboo mission.
He also sought the support of the North East state governments, since the region has two third of country’s bamboo resources.
WBO president Kamesh Salam, while proposing the vote of thanks, revealed that presently bamboo was being dealt by six different ministries.
Mizoram minister for industries and commerce & PHE, S Hiato, in his address, termed bamboo as the “best gift of God”, and said that (NE) region has been blessed with bamboo resources abundantly.
He, however, reminded that most important thing for any development was peace and tranquility in the region.
“Bamboo is part and partial of the north east region and it is a staple food for the people of the region and is extensively used for construction since ages,” the Mizo minister said.
Earlier, parliamentary secretary for industries and commerce Dr. K C Nihoshe delivered welcome addressed in the inaugural session of the investor’s meet, chaired by UNIDO regional director for South Asia Ayumi Fujino.
The inaugural function of the investors meet was followed by technical session where expert resource persons including Dr Victor Brias, Oprins, Belgium, Dr John Marsh, ED, PI, Vietnam, Nipan Deka, GM, CBTC and Mr Muthu Kumaran CGM EXIM Bank presented papers on different topics.

 
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