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The Government of India has raised the import duty on sugar to 100% and chana (chickpea) to 40% to curb cheaper imports and ensure remunerative prices to domestic growers.

The government on Tuesday doubled import duty on sugar to 100 percent and raised duty on chana to 40 percent to protect domestic farmers. At present, customs duty or import tax on sugar is 50 percent and that on chana (chickpeas) is 30 percent raised on December 21, 2017.

The move is aimed at curbing cheaper imports and ensure remunerative prices to domestic growers.

The notification issued by the Central Board of Excise and Customs (CBEC) “seeks to increase import duty on all types of sugar (raw sugar, refined or white sugar) from the present 50 per cent to 100 per cent”.

The higher tax has been imposed with immediate effect and without an end date, it added. The government has raised import duty to 40 percent as it wants to contain inward shipments in view of record production of pulses to nearly 23 million tonnes this year.

Already, the government has imposed quantitative restrictions on many varieties of pulses. As per the government data, the country has imported 50.8 lakh tonnes (5.08 million tonnes) of pulses during April-December of this fiscal, while it has 1.8 million tonnes of pulses in its buffer stock.

Note: Lakh is a unit in the Indian numbering system equal to one hundred thousand (100,000; scientific notation: 105).

 

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