Rubber Board implemented the tenth phase of the Rubber Production Incentive Scheme in Kerala

Jul 04, 2024 | by TeamLease RegTech Legal Research Team

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Industry Specific ComplianceThe Rubber Board on July 02, 2024, implemented the tenth phase of the Rubber Production Incentive Scheme in Kerala.

The following has been stated:

• It has approved the implementation of the tenth phase of the Rubber Production Incentive Scheme (RPIS).

• The scheme is envisaged to ensure Rs. 180 per kilogram of RSS 4 sheet rubber.

• The rubber growers not yet registered in the scheme can also register up to November 30, 2024.

• For a new registration, the growers should produce a copy of the Aadhar Card and a copy of the bank passbook along with the current year's land tax receipt and a photograph at respective Rubber Producer's Societies (RPSs).

• All beneficiaries should submit land tax receipts for 2024-25 for renewal. The sale invoices/ purchase bills submitted should be from a dealer with a valid license and prompt in submitting statutory returns.

[Notification No 48/1/(PRE -28)/2024-25/PUB]


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