Oleo Resin(Leesa) | Auction Results | 21st Aug 2017

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

Quantity purchased

 650-700 MT (65-70 Trucks)

Crop Period

Around 60-65% was 2016 crop

35-40% was 2015 crop

Price

INR 53.70/Kg for 2016 crop

INR 50.75.5/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% (manufacturers can get the credit of this)

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