Culture

India doubles wheat import tax to 20 percent: Government order

India doubles wheat import tax to 20 percent: Government order”

The government also doubled the import tax on wheat to 20%. Ukraine exported 104.4 KMT to India in July-October 2017/18, or 5.4% less than at the same time a year ago.

Pulse Canada says the Indian government has imposed a hefty and surprising 50 per cent tariff on pea imports to add to already simmering agricultural trade tensions.

Saskatchewan farmers are anxious about the market impact from new tariffs in India on imported wheat and peas. According to market participants, 5-6 ships loaded with peas will arrive in India's ports within the coming ten days, and they shall be charged with the new duty.

The pea tariff issue comes on top of the unresolved fumigation issue, with India not yet extending an exemption to pest treatments for Canadian imports that has been in place for many years.

India produced a record 22 million tonnes of pulses in 2016-17 crop year which led to a fall in domestic prices, even below the MSP.

"These are very good moves to support local prices and farmers".



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