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My India First

India On Eradicating Extra Duties On US Apples, Walnuts: No Impression On Value

There’s a common obligation of fifty% and Rs 50 per kg minimal import worth on apples.(Representational)

New Delhi:

The federal government on Tuesday stated that the elimination of extra retaliatory duties on imports of US apples, walnuts and almonds won’t lead to any unfavourable impression on home producers.

Commerce and Trade Minister Piyush Goyal stated that the opposition events significantly Congress is politicizing the topic with out having a whole understanding of the topic.

There’s a common obligation of fifty per cent and Rs 50 per kg minimal import worth on apples.

“We now have simply eliminated the retaliatory obligation…the transfer wouldn’t have any impression on home apple producers. There can be no impression on costs additionally. Customers will get extra selections,” Goyal instructed reporters right here.

Earlier within the day, Extra Secretary within the Division of Commerce Peeyush Kumar stated the Most Favoured Nation obligation of fifty per cent and 100 per cent continues to be relevant on US apples and walnuts as solely extra 20 per cent obligation is eliminated.

There is no such thing as a discount on the Most Favoured Nation (MFN) obligation on apples, walnuts and almonds, which nonetheless applies to all imported merchandise, together with US-origin merchandise, he added.

“This measure won’t lead to any unfavourable impression on home apple, walnut and almond producers. Reasonably, it would lead to competitors within the premium market phase of apples, walnuts and almonds, thereby making certain higher high quality at aggressive costs for our Indian customers,” he instructed reporters right here.

The market share of the US apples dwindled as different nations benefited from the imposition of extra retaliatory duties on the US apple and walnut imports.

He added that the elimination of extra duties will now guarantee truthful competitors among the many nations that are exporting these merchandise to India. The clarification has come amid the opposition Congress criticising the federal government’s determination to cut back import obligation on apples.

The Centre has diminished the import obligation on the Washington apple, which may even immediately have an effect on the horticulturalists of the State, thereby inflicting losses to them, the Congress stated.

Nationwide Convention chief Omar Abdullah on Monday appealed to the Centre to rethink its determination to take away the extra obligation on apples, walnuts and almonds imported from the US, saying the federal government ought to attempt to make its personal folks joyful as a substitute of pleasing foreigners.

(Apart from the headline, this story has not been edited by NDTV employees and is revealed from a syndicated feed.)

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