(a) the details of import duty reduced item-wise during the last three years and the
current year in view of the continuous price rise in the country; and
(b) the steps proposed to be taken in this regard in future?
(a) the details of import duty reduced item-wise during the last three years and the
current year in view of the continuous price rise in the country; and
(b) the steps proposed to be taken in this regard in future?
MINISTER OF STATE IN THE MINISTRY OF FINANCE (SHRI S.S. PALANIMANICKAM)
(a) and (b): Import duties are reduced taking into consideration several parameters. Price
rise is one such parameter. Commodities on which the import duty was reduced primarily due
to price rise during the last three years and the current year are listed in the Annexure.