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India set to cut wheat import duty, allow shipments into southern ports

Source The Hindu Businessline

Posted on August 9, 2023

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The Indian government has decided to allow wheat imports through southern ports at a lower Customs duty that could be either zero or 15 per cent, two sources in the know of the development said.

The move comes on the heels of wheat prices surging to a six-month high due to supply shortage and demand ahead of the festival season.

For More Details Visit: https://www.thehindubusinessline.com/economy/agri-business/india-set-to-cut-wheat-import-duty-15-allow-shipments-into-southern-ports/article67173260.ece