Govt levies 10% duty on masur, offers free import of yellow pea till May 31

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Govt levies 10% duty on masur, offers free import of yellow pea till May 31 - Business Standard

Quick Summary:

The government has imposed a 10 per cent import duty on lentils (mosur) and extended the duty-free import of yellow peas by three months till May 31 this year to enhance domestic availability, according to a finance ministry notification.

Through the notification, the government has imposed 5 per cent basic customs duty and 5 per cent Agriculture Infrastructure and Development Cess (AIDC) on lentils with effect from March 8.

The government had initially allowed the duty-free import of yellow peas in December 2023 and subsequently extended it thrice till February 28.