The government on Friday imposed a 40% duty on export of onions. It also exempted duty on the import of desi chana till March 31, 2025.
Besides, it has extended the duty exemption on imports of yellow peas covered by the bill of entry issued on or before Oct. 31, 2024.
In a notification, the finance ministry said the changes would be effective from May 4.
ADVERTISEMENT
Currently, the export of onion is banned. However, the government allows shipments to India's friendly nations. It has permitted a specified quantity of onion exports to UAE and Bangladesh.
In August last year, India had imposed a 40% export duty on onions up to Dec. 31, 2023.
ADVERTISEMENT
RECOMMENDED FOR YOU

Action Against Illegal Bike Taxis In Mumbai — Netizens Seek Similar Action Against Bandra-Kurla Autowalas


G-7 Works To Secure Critical Minerals In Face Of China Curbs


Jio Users Face Network Outages, Majority Face Issues With Mobile Data


HDFC Bank To Face NIMs Pressure In H1 FY26, Says Citi
