Diabytes
Import tax News
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This decision is likely to drive up the prices of edible oils which could lead to a decrease in demand and a reduction in imports of palm oil, soyoil, and sunflower oil.
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India has extended a 25 percent import tax on wheat by three months to June 30, a government order said on Tuesday.
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India will raise import tax on natural rubber by 5 percent to 25 percent from June 1, Finance Minister Arun Jaitley told lawmakers on Thursday.
The World Trade Organization will set up a panel to settle a complaint brought by the EU against Brazil over what it sees as protectionist taxes that discriminate against imports, a source said Wednesday.
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