Government Allows Duty-free Import Of Crude Soybean
The center has exempted duty and agriculture tax on yearly imports of 20 lakh metric tonnes of crude soybean and sunflower oil, said government sources on Tuesday. The duty-free import will be applicable for two financial years (2022-2023, 2023-2024), said the finance ministry. “This will provide significant relief to the consumers”, the government source added. …
Realtors Welcome Reduction in Import Duty On Raw Materials
The real estate experts have declared the government’s announcement for the calibration of custom duty on specific products and raw materials of steel and iron a timely move. They expect that this move will help boost the availability of raw materials domestically. Moreover, the real estate developers said that a decrease in import duty of…