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Reduction of import duty on the essential commodities

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..... Reduction of import duty on the essential commodities
News and Press Release
Dated:- 17-12-2016

After this year's Budget, the Central Government has reduced the import duty on the follow .....

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..... ing essential commodities, inter alia, aimed at stabilizing the prices of these commodities in the country, namely:- Reduction in import duty on wheat from 25% to 10% with effect from 23.09.2016 for .....

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..... a period upto 28.02.2017 [notification No.51/2016-Customs, dated 23.09.2016] which was subsequently further reduced to Nil with effect from 08.12.2016 without any end date [notification No.60/2016-Cus .....

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..... toms, dated 08.12.2016]. Reduction in import duty on potatoes from 30% to 10% with effect from 23.09.2016 for a period upto 31.10.2016 [notification No.51/2016-Customs, dated 23.09.2016]. Reduction .....

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..... in import duty on crude palm oil of edible grade from 12.5% to 7.5%, and on refined palm oil of edible grade from 20% to 15% [notification No.51/2016-Customs, dated 23.09.2016]. This was stated by Sh .....

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..... ri Santosh Kumar Gangwar, Minister of State in the Ministry of Finance in written reply to a question in Lok Sabha.
News - Press release - PIB .....

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