Forest of a Japanese bamboo
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.
Did you know that some rivers in the world are given special titles because of…
Did you know that India is home to many mighty rivers that support millions of…
Bollywood superstar Shah Rukh Khan has make his debut in the Hurun Global Rich List…
India has dispatched 1,000 metric tons of rice to Malawi as humanitarian assistance. This decision…
Did you know that one special place in the world is famous for its deep…
India has emerged as the world’s second largest arms importer during the period 2021-2025. This…