About Us KIP is a registered company, incorporated in 2008 to provide quality work, consultation and advisory services in the field of Accounting, Auditing and Assurance, Taxation and regulatory, Company registration, LLP formation, Project reports and Business registrations to its clients. KIP is managed by a very strong team of qualified and experienced professionals comprised of Chartered Accountants, Management Graduates and Post-Graduates.
Dear-Businessman/Investors,
In Series of KIP: Business and Subsidy Update, today we are going to share with you an informative series i.e., UTTAR PRADESH FOOD PROCESSING INDUSTRY POLICY 2022 2027”
This policy targets to increase value addition for agricultural produce, to increase farmer’s income, Reduction in food losses, Increase employment, Ensure availability of food round the year, Export potentials and Meeting the demand arising out of change in food habits and lifestyle.
Exemption from Mandi fees and cess for agricultural produce directly sold to processing
Units:
The farmers selling their produce directly to the processing industry will enable farmer to get a better price for his produce. So, such produce will be exempt from the payment of Mandi Fees and cess. The processing units in West Bengal, Punjab, Odisha, Bihar, Jharkhand, Goa and Maharashtra are exempt from mandi fees on such purchases, so their processing units are in competitive advantage. This will enable processing units in Uttar Pradesh to compete better.
Legal entity registered as Proprietorship, Partnership firm, Cooperative Society, Company, Trust, Non-Government Organization (NGO), Limited Liability Partnership (LLP) or SPV created for the purpose of developing the Eligible Project as defined in this policy.
This policy will be valid for 5 years from the date of Effective Date or till the time any new policy/amendment is introduced by Government of UP, whichever is later.
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