Govt permits import of certain foam panels, doors for cold storages under scheme

Image
Press Trust of India New Delhi
Last Updated : Feb 05 2019 | 9:25 PM IST

The government has allowed import of certain kind of foam panels and doors to be used in cold storages to store fresh fruit and vegetables under an export promotion scheme.

It was permitted under the Export Promotion Capital Goods (EPCG) scheme of the commerce ministry.

The scheme allows import of capital goods for pre- and post-production, at zero customs duty.

"Imports of pre-fabricated polyurethane foam panels/doors for chilled rooms/cold storages for storage of fresh fruits and vegetables are allowed under the EPCG scheme," the Directorate General of Foreign Trade has said in a public notice.

Huge amount of fruit and vegetables get wasted due to inadequate cold storage facilities in the country. The government is taking steps to promote construction of such storages.

Under the Trade Infrastructure for Export Scheme (TIES), the Centre provides financial assistance to states for construction of trade-related infrastructure, including cold storages.

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Feb 05 2019 | 9:25 PM IST

Next Story