Categories: National

GoI increases customs duty on bamboo from 10% to 25%

The Government of India has raised the Customs duty on bamboo imports from 10% to 25% with immediate effect. The decision to increase the Customs duty on bamboo imports was taken to encourage the use of domestic bamboo under the Aatmanirbhar Bharat Abhiyan. The newly decided customs duty will now be applicable uniformly to any import of bamboo, including by traders.

Click Here To Get Test Series For SBI PO 2020

Government of India expects that the uniform rate will help in avoiding the misuse and rate-related disputes, and will also benefit the farmers as well as the MSME agarbatti manufacturers.

Find More National News Here

Recent Posts

What is the Old Name of Mysore?

Mysore, a city in the southern state of Karnataka, India, is famous for its rich…

3 hours ago

India Squad For Champions Trophy 2025

The upcoming Champions Trophy 2025 marks the ninth edition of the ICC Champions Trophy, featuring…

4 hours ago

ICC Champions Trophy Schedule 2025 Announced- India vs Pakistan

The 2025 ICC Champions Trophy is set to mark the ninth edition of this prestigious…

4 hours ago

Who is Known as the Father of Indian Nuclear Program?

India's nuclear program focuses on using nuclear energy for peaceful purposes, like producing electricity and…

4 hours ago

What is the Other Name of Sambhal District of Uttar Pradesh?

Uttar Pradesh, located in northern India, is the country's most populous state. Known for its…

5 hours ago

Republic Day 2025: 15 States, 11 Ministries to Present Tableaux

The Ministry of Defence announced the theme for the Republic Day 2025 tableaux as “Swarnim…

6 hours ago