Govt. cuts taxes on imported grains and lentils

Monday, 28 July 2014 00:00 - - {{hitsCtrl.values.hits}}

Special commodity levies on imported grain and lentils have been reduced on imported grains and lentils. The Finance Ministry said the decision was taken to stabilise the rising prices in the local market as the domestic supply of these items from local producers had been severely declined due to the prevailing drought. Accordingly, the tax for unprocessed Mysore dhal has been reduced from Rs. 5 per kilo to Rs. 3. The import tax for the unprocessed Vatana dhal reduced from Rs. 22 per kilo to Rs. 15, while for processed Vatana dhal the tax was reduced from Rs. 25 to Rs. 18 per kilo. For green gram, the import tax is reduced from Rs. 102 per kilo to Rs. 70, and tax on cow-pea has been reduced from Rs. 100 to Rs. 70. The import tax for unprocessed chick pea is down from Rs. 12 to Rs. 7 per kilo and the tax for processed chick pea down from Rs. 15 to Rs. 10.

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