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

Quantity purchased

 350-400 MT (35-40 Trucks)

Crop Period

Around 65-70% was 2016-17 crop

35-40% was 2015 crop

Price

INR 53.50/Kg for 2016-17 crop

INR 50.70/Kg for 2015 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%