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India Will Soon Impose 25% Wheat Import Tax

India Will Soon Impose 25% Wheat Import Tax

Wednesday, March 1, 2017, 8:19 PM

Two Government sources on Wednesday said that Government is likely to impose 25 percent import tax on wheat.The tariff has been reinstated following big overseas purchases in recent months.India being the second world's largest wheat producer, lowered wheat import tax from 25 percent to 10 percent in September 2016 and scrapped the duty on Dec.8 last year.
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