India: Tariff on Lentils Lowered- Imports of Mung Beans Restricted
On February 12, 2022, India’s Ministry of Finance notified that it is removing the 10 percent Agriculture Infrastructure Development Cess/tax (AIDC) on imports of lentils (HS 0713 40 00) with effect from February 13, 2022, through September 30, 2022. Consequently, the effective total import duty on lentils from all origins except the United States has been lowered to zero. As for U.S. origin lentils, the import duty has been lowered from 33 percent to 22 percent after accounting for the existing basic duty and social welfare surcharge. In addition, on February 11, 2022, the Ministry of Commerce and Industry notified a policy change of moving imports of Moong beans (Vigna Radiata) from the freely importable category to the restricted category with immediate effect.