The Meghalaya Agricultural Produce Market Act,1980 (Act No.1 of 1981)State Act of Meghalaya · Act 1 of 1981
A market committee shall levy and collect fees on the agricultural produce bought or sold in the notified market area at a rate not exceeding one rupee for every hundred rupee of the aggregate amount for which an agricultural produce is bought or sold whether for cash or for deferred payment or other valuable considerations:
Provided that- (a) no fee shall be leviable in respect of any transaction in which delivery of the agricultural produce bought or sold is not actually made; and
(b) a fee shall be leviable only on the parties to a transaction in which delivery is actually made.
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