50% Reduction in Import Duty

This entry was posted on Thursday, February 1st, 2018 and is filed under Cashew, Cashew Market, Cashew News, Cashew Prices.

Custom Duty on raw cashew nut imports in India will come down to 2.5% from existing 5%.

However, this proposal may not impact much as import from ‘Most Favored Nations’ is out side the purview of the import duty.

Euro is on rise but weakening Dollar is the real worry of the market as kernel traders mostly prefer Dollar term trade.

 

 

Filed Under: Cashew, Cashew Market, Cashew News, Cashew Prices