Oleo Pine Resin(Leesa) | Auction Results | 6th Nov 2017

OPR (oleo pine resin) auction was held today at Nainital(Uttrakhand) and the following has been the details

Quantity purchased

 920-970 MT (92-97 Trucks)

Crop Period

Around 60-65% was 2016-17 crop

20-25% was 2015-16 crop

10-15% was 2014-15 crop

Price

INR 51.50/Kg for 2016-17 crop

INR 49.30/Kg for 2015-16 crop

INR 43.30/Kg for 2014-15 crop

What is the additional cost on the base price?

  • An additional 2.5% will be the Mandi Tax
  • 2% will be stamp duty charges
  • 0.5% will be Misc Charges

And the most important change will be

  • GST will be applicable on this @ 5%

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