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Saturday, July 26, 2014 - 12.45 GMT
Govt reduces taxes on imported grains and lentils

 

Finance Ministry said the special commodity levy on imported grain and lentils will be reduced with effect from midnight yesterday.

The Ministry said the decision was taken to stabilize the rising prices in the local market as the domestic supply of these items from local producers had been severely declined due to prevailing drought.

Accordingly, the tax for unprocessed Mysore dhal would be reduced from Rs. 5 per kilo to Rs. 3.

The import tax for the unprocessed Vatana dhal will be reduced from Rs 22 per kilo to Rs. 15 while for processed Vatana dhal the tax will be reduced from Rs. 25 to Rs. 18 per kilo.

For green gram, the import tax will be reduced from Rs. 102 per kilo to Rs. 70 and for cow-pea tax will be reduced from Rs. 100 to Rs. 70.

The import tax for unprocessed chick pea will be reduced from Rs. 12 to 7 per kilo and the tax for processed chick pea will be reduced from Rs. 15 to 10.

 



 

 
 
   
   
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Last modified: July 26, 2014.

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