India reduces CPO import tariff. Domestic Indian price rise but CPO Futures fall sharply | India CPO MCX

 

As expected the Indian government revised the import duty structure on CPO by slashing the tariff from 27.50% to 15% but introduced a new levy called Agriculture Infrastructure and Development Cess (AIDC) at 17.50%, making the total tariff at 32.50% and with the addition of 10%…

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