Cashew exporters not happy with import duty cut, seek full roll-back

Not satisfied with the reduction in import duty on raw cashew nuts from five per cent to 2.5 per cent, the Cashew Export Promotion Council of India (CEPCI) has urged the central government to roll back the cess completely, to help the Indian cashew industry compete with the international players like Vietnam.

 

The Government of India had considered exporters' request and reduced the import duty from five per cent to 2.5 per cent on imported raw cashew nuts in Union Budget 2017-18. The