💨 Abstract

The Forum of Indian Food Importers (FIFI) has requested the Indian government to reconsider the high Basic Customs Duty (BCD) on walnut imports, currently at 100%, due to increased consumer prices and concerns in the food industry. FIFI proposes reducing the duty to the original 30% or a specific tariff rate based on weight to make walnuts more affordable.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖