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THIRUVANANTHAPURAM, July 24

THE Kerala Finance Minister, Mr K. Sankaranarayanan, has announced a series of tax concessions, including withdrawal of sales tax on ginger and a substantial reduction in the sales tax on coffee.

Speaking after introducing the Kerala Finance Bill, the Minister informed the State Assembly that the four per cent sales tax on ginger would be withdrawn.

The loss of revenue on account of this would be Rs 2.64 crore.

Similarly, the eight per cent sales tax on coffee is being halved to four per cent, leading to loss in revenue of Rs 4 crore.

Mr Sankaranarayanan said that the sales tax on Indian Made Foreign Liquor sold through canteens of Defence establishments would be reduced to 55 per cent from 70 per cent.

The tax had been raised to 70 per cent from 45 per cent as per the proposals in the Budget for 2002-03.

The decision would entail a revenue loss of Rs 3.60 crore.

The State Government had received a series of representations calling for reduction in the rates of entry tax for several items.

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