Reduction in Import Duty to stabilize the domestic prices

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....eduction in Import Duty to stabilize the domestic prices <br>News and Press Release<br>Dated:- 7-4-2017<br><BR>The Government has reduced the import duty on many items in the recent months. In order t....

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....o, 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 fro....

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....m 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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....BR> News - Press release - PIB....