Reduction in Import Duty to stabilize the domestic prices

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..... Reduction in Import Duty to stabilize the domestic prices
News and Press Release
Dated:- 7-4-2017

The Government has reduced the import duty on many items in the recent months. In order .....

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..... to, inter alia, stabalise the domestic prices, the Government has reduced import duty on the following goods in the recent past: i. With effect from 23.09.2016, import duty on palm oil was reduced fr .....

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..... om 12.5% to 7.5% for crude palm oil of edible grade, and from 20% to 15% for refined palm oil of edible grade. ii. Import duty on wheat was reduced from 10% to Nil with effect from 08.12.2016 without .....

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..... an end date. [However, the import duty has been increased to 10% with effect from 28.03.2017]. iii. Import duty on pulses continues to be Nil without an end date, except tur the import duty on which .....

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..... has been increased to 10% with effect from 28.03.2017]. This was stated by Shri Santosh Kumar Gangwar, Minister of State in the Ministry of Finance in written reply to a question in Lok Sabha today. .....

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News - Press release - PIB .....

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