Indian Sugar April 1953

The Statement of Objects and Reasons appended to the Bill however states that the levy of the cess was for the purpose of the development and improvement of the cultivation growth and marketing of sugarcane and other irrigation crops for the development of the sugar.ndustry and for the improvement and development of agriculture in general. [...] Increase in the rate of sales tax on sugar in U. P. The Government of U. P. in the Finance Department have issued a notification on the 1st April 1953 under the U. P. Sales Tax Act 1948 as amended from time to time declaring that with immediate effect the turn-over in respect of sugar shall not be liable to tax except in the case of sugar manufactured in U. P. at the point of sale by the man [...] In this connection the Kanpur Sugar Merchants Association has submitted a memorandum to the Central and the State Governments drawing their attetion to the above enhancement in the sales-tax on sugar and pointing out the adverse effect this will have on the distribution system of the sugar merchants. [...] As regards the proposed factory for the manufacture of rayon from bagasse it is reported that this venture is the first of its kind in the world and that a corporation with a capital of about 30 million dollars has been formed by the proprietors of four big sugar factories on the island of Negros to establish the industry. [...] Amongst the Europeans the troops of Alexander the Great were the first men to see the sugarcane in 327 B. C. By the time of 600 A. D. we find that the Chinese Emperor Tsai Heng sent his own men in Bihar in India to study the plantation of sugarcane and its manufacturing process.