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Govt slashes Customs duty on lentil !

  • Admin
  • Jul 30, 2021
  • 1 min read

Govt slashes Customs duty on lentil

To augment domestic supplies as well as provide relief to consumers from high prices, the government has reduced the basic Customs duty on imports of Masur dal to zero and halved the Agriculture Infrastructure Development Cess on the lentil to 10 percent. The effective import duty on Masur dal will now come down to 10 percent from 30 percent. According to the relevant notifications, the basic Customs duty has been reduced from 10 percent to nil on the lentil originated in or exported from countries other than the US, as per a report.



source - eximin.net

 
 
 

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