India: Grain Voluntary Update - Wheat Import Duty Removed
On December 8, 2016, the Ministry of Finance removed the import duty on wheat indefinitely from the earlier provision of 10 percent import duty effective till March 1, 2017. Consequently, MY 2016/17 wheat imports are raised higher to 3.7 million metric tons (MMT). MY 2016/17 ending stocks are lowered to 8 MMT.
India: Grain Voluntary Update - Wheat Import Duty Removed