In a notification, the finance ministry mentioned the adjustments can be effective from May 4.
The authorities on Friday imposed a 40 per cent duty on export of onions. It additionally exempted duty on the import of desi chana until March 31, 2025. It additionally exempted duty on the import of desi chana until March 31, 2025.
Besides, it has prolonged the duty exemption on imports of yellow peas coated by the invoice of entry issued on or earlier than October 31, 2024. In a notification, the finance ministry mentioned the adjustments can be effective from May 4.
Currently, the export of onion is banned. However, the federal government permits shipments to India’s pleasant nations. It has permitted a specified amount of onion exports to UAE and Bangladesh.
In August final yr, India had imposed a 40 per cent export duty on onions as much as December 31, 2023. In August final yr, India had imposed a 40 per cent export duty on onions as much as December 31, 2023.
