Duty free Import of Cashew Nut Should Not be Allowed Under SAARC Billing

This entry was posted on Monday, March 7th, 2016 and is filed under Budget 2016, Cashew, Cashew News.

According to market rumors, cashew kernel import from SAARC countries is on increase in India. Indian domestic pieces market is struggling because of such imports.

If this is true, then the import tax becomes meaningless.

In coming days, even duty free raw cashew may enter India through the SAARC route.

Therefore, Duty free import of cashew kernel or raw cashew should not be permitted even under SAARC billing.

 

 

Filed Under: Budget 2016, Cashew, Cashew News