https://www.taxtmi.com/news?id=4257 A fixed base price for green tea leaf in Assam is not prescribed; instead a Price Sharing Formula under the marketing control framework apportions net sale proceeds between growers and factories. The formula accounts for growers' cost of production, factories' manufacturing cost and the out-turn percentage, allowing monthly variation in green-leaf prices tied to quality and market conditions. When an individual factory's price is at or below the state average growers receive a larger share; any premium above the state average is shared equally between grower and factory. en-us Thu, 13 Dec 2012 10:22:41 +0530 Thu, 13 Dec 2012 10:22:41 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=4257 A fixed base price for green tea leaf in Assam is not prescribed; instead a Price Sharing Formula under the marketing control framework apportions net sale proceeds between growers and factories. The formula accounts for growers' cost of production, factories' manufacturing cost and the out-turn percentage, allowing monthly variation in green-leaf prices tied to quality and market conditions. When an individual factory's price is at or below the state average growers receive a larger share; any premium above the state average is shared equally between grower and factory. News - Thu, 13 Dec 2012 10:22:41 +0530 https://www.taxtmi.com/news?id=4257