Basic Duties On 8 US Products To Stay, Only Retaliatory Tax Gone: Official
NDTV
The Additional Secretary in the Department of Commerce said that India had imposed retaliatory customs duties on 28 American products in 2019.
The basic customs duties and other levies will continue on eight products, including apple and walnut from the US as well as other countries, a senior government official said on Friday.
Additional Secretary in the Department of Commerce Peeyush Kumar said that India had imposed retaliatory customs duties on 28 American products in 2019 against US measure to impose duties on certain steel and aluminium products.
He added that India has withdrawn only retaliatory duty on eight products - chickpeas, lentils, almonds, walnuts, apples, boric acid, diagnostic reagents - in 2023 and the value of imports into India from the US stood at $1.08 billion in 2022-23.
