ALSO READSteel Ministry urges FinMin to remove import duty on stainless steel scrap Edible oil to become costlier by 4-5% on import duty hike Govt restricts import of moong and urad dal at 3 lakh tonnes Govt allows import of 3 lakh tonne sugar at 25% duty India might increase import duty on edible oils as local oilseed prices dip
At present, tur attract 10% import duty. Further, Government has recently imposed 50% import duty on yellow peas. Other pulses, however, attract Nil import duty. There has been a record production of pulses in the current year. However, despite sufficient domestic availability, import of pulses continue to take place on account of low prevailing international prices. Such imports suppress the domestic prices of pulses and adversely affect the interest of farmers.
Notification number 93/2017-Customs dated 21.12.2017 has been issued in this regard.
(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)