Govt puts restrictions on imports of agarbatti

Image
Press Trust of India New Delhi
Last Updated : Aug 31 2019 | 4:45 PM IST

The government on Saturday put restrictions on imports of agarbatti and other similar products amidst report of significant increase in inbound shipments from countries like China and Vietnam.

Now importers of these goods require licence from the government for import purpose.

"Import policy of agarbatti and other odoriferous preparations which operate by burning ...is revised from free to restricted," the Directorate General of Foreign Trade (DGF) said in a notification.

Restrictions have also been imposed on imports of other odoriferous preparations used for deodorising room. Its imports increased to USD 12.35 million in 2018-19 from USD 7.51 million in 2017-18.

Imports of agarbatti and other odoriferous preparations stood at USD 17.75 million during April-June 2019-20. It was USD 83.58 million in 2018-19 as against USD 84.95 million in the previous fiscal.

Agarbatti imports from China dipped to USD 6.39 million in 2018-19 from USD 8.53 million in the previous fiscal.

According to reports, imports of bamboo sticks used in the sector have increased from Vietnam, which is a part of ASEAN (Association of South east Asian Nations) bloc, with which India has a free trade agreement.

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: Aug 31 2019 | 4:45 PM IST

Next Story