CashewInfo
News

Home   >   NEWS & VIEWS   >   News

  • Formula 4 : 1 for Duty Free Import Awakens Indian Exporters

    Mar 17th, 2016

    Indian exporters are in a buying spree in the domestic cashew kernel to catch up with the 4 : 1 import-export ratio. Zero duty import is possible only under this scheme.

    If the kernel exporters save 9.36% import tax by making such purchases, their suppliers will definitely demand proportionate increase in the selling price.

    In coming days, even small scale exporters will become major buyers in the Indian domestic market.


    Source: www.worldcashew.com/