Page 2 - Export Duty News Today

The Minister of Finance and Coordinating Minister for the Economy, Wale Edun, chaired the allocation meeting.

India imposed the duty last year in a move to maintain adequate local stock and keep domestic prices under check

Duty-free imports of yellow pea extended by a month; export duty on parboiled rice to continue beyond March

Onion prices in the retail trade have fluctuated from ?90 per kg to ?20/kg during the last six months, while the wholesale prices have seen a high of Rs 55/kg and lows of Rs 5/kg during the same period. Shortage in Indias last years rabi crop, followed by erratic monsoon affecting the kharif crop and a robust export demand have been among the top causes for Indias onion ongoing problem. During the last few days, the country saw onion prices increase by Rs 5/kg on reports that the central governm...

The Federation Account Allocation Committee (FAAC) has shared a total sum of N1,149.816 trillion January 2024 Federation Account Revenue to the Federal,

By Tony Obiechina, Abuja The Federation Account Allocation Committee (FAAC) has shared a total sum of N1,149.816 billion January 2024 Federation Account Revenue to the Federal Government, States and Local Government Councils. The revenue was shared at the February 2024 meeting of the Federation Accounts Allocation Committee (FAAC) chaired by the Minister of Finance

India News: The government has extended the 20% export duty on parboiled rice beyond March 31. Find out more about the duty extension and its impact on the rice industry.

In a notification, the finance ministry saiaBesides, the duty-free import of yellow peas, too, has been extended beyond March 31, subject to the condition that the bill of landing is issued on or before April 30, 2024.d the 20 per cent export duty will continue beyond March 31 without an end date.

The government has reportedly allowed the export of onions in limited quantities to countries including Bangladesh, Sri Lanka, Mauritius, Bahrain, Bhutan, and Nepal., Economy News, Times Now

The Ministry of Trade (Kemendag) stated that in February 2024, the majority of the mining product commodities subject to export duties experienced price ...