India imposes 10 percent import duty on wheat - TV

Image
Reuters NEW DELHI
Last Updated : Mar 28 2017 | 12:07 PM IST

NEW DELHI (Reuters) - India has imposed 10 percent import duty on wheat, CNBC-TV18 news channel reported on Tuesday without citing sources, reinstating the tariff after a gap of nearly four month following big purchases from overseas in recent months.

India, the world's second-biggest wheat producer, lowered the import tax on the grain to 10 percent from 25 percent last September and scrapped the duty on December 8.

(Reporting by Nidhi Verma; Editing by Malini Menon)

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

More From This Section

First Published: Mar 28 2017 | 11:59 AM IST

Next Story