Indian Finance Minister Announces 5% Import Duty on Raw Cashew

This entry was posted on Monday, February 29th, 2016 and is filed under Uncategorized.

Basic Customs Duty on cashew nut in shell is being increased from Nil to 5%

– Notification No. 12/2016 Customs, Dated 1 March, 2016

– 5% is the basic duty. So there will be some additional cess over and above this duty.

Most probably, changes will come in to effect on 1st March 2016.

 

 

 

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