The earlier tariff rate was 45% on cashew kernel. According to available press reports, It has been increased to 70% under today’s budget.

Minimum price system for the duty calculation will continue as it is.

Related Posts via Categories

• All Grades are in Demand Except W180 & W210
• W400 around Rs680+GST, W320 around Rs720+GST W240 around Rs800+GST.
• Impact of Changes in the Import Duty: Hoarders Rush is in Broken & Lower Grades
• World is Waiting for the Taste of the Tanzanian New-Crop
• Kernel Improves, Raw Cashew Buyers in Confusion
• Diwali expenses on firecrackers may be down by 30% but spending increased in food & other items
• W320 falls to Rs700+GST/kilo/immediate but up to Rs720+GST/kilo/November 2nd week
• Holiday mood halts both demand & supply
• Massive demand but kernel supply from eastern region declines due to raw cashew shortage
• Mixed trends in raw cashew