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Customs duty standardisation on edible oils, pulses: Much to learn from developed nations
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Updated on
G CHANDRASHEKHAR
The Union Budget, tabled in Parliament by Finance Minister Nirmala Sitharaman on February 1, has standardised at a lower level different rates of customs duty on various vegetable oils and pulses.
The basic customs duty is now 15 per cent ad valorem for all varieties of cooking oil (palm, soya, sun, etc), while pulses the duty is 10 per cent ad valorem (desi chickpea, kabuli chickpea, lentil, etc).
For pulses, the WTO bound rate of duty is 100 per cent for all types of pulses except peas for which it is 50 per cent. However, the applied rate on chickpea ( ....

Agricultural Produce Marketing Committee , World Trade Organization , Union Budget , Agriculture Infrastructure Development , Finance Minister Nirmala Sitharaman , Trade Policy Review , General Service , Least Developed Countries , Customs Duty , Edible Oils , உலகம் வர்த்தகம் ஆர்கநைஸேஶந் , தொழிற்சங்கம் பட்ஜெட் , வர்த்தகம் பாலிஸீ விமர்சனம் , ஜநரல் சேவை , குறைந்தது உருவாக்கப்பட்டது நாடுகள் , சுங்க கடமை , உண்ணக்கூடியது எண்ணெய்கள் ,