https://www.taxtmi.com/news?id=22875 The Ordinance amends the Essential Commodities Act, limiting regulation of specified foodstuffs to extraordinary circumstances and permitting stock-limit orders only upon objective price-rise triggers: 100% retail price increase for horticultural produce or 50% for non-perishable foodstuffs over the prior twelve months or five-year average (whichever is lower). It excludes PDS/TPDS orders and exempts processors and value chain participants whose stock does not exceed installed processing capacity or meets export demand. "Value chain participant" is defined to cover stages from production to final distribution. en-us Sat, 06 Jun 2020 14:34:06 +0530 Wed, 11 Feb 2026 15:58:57 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=22875 The Ordinance amends the Essential Commodities Act, limiting regulation of specified foodstuffs to extraordinary circumstances and permitting stock-limit orders only upon objective price-rise triggers: 100% retail price increase for horticultural produce or 50% for non-perishable foodstuffs over the prior twelve months or five-year average (whichever is lower). It excludes PDS/TPDS orders and exempts processors and value chain participants whose stock does not exceed installed processing capacity or meets export demand. "Value chain participant" is defined to cover stages from production to final distribution. News - Sat, 06 Jun 2020 14:34:06 +0530 https://www.taxtmi.com/news?id=22875