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Budget 2024: Agro-chemical sector seeks hike in import duties.


Date: 15-07-2024
Subject: Budget 2024: Agro-chemical sector seeks hike in import duties
New Delhi: Ahead of the budget, the country's agrochemical sector has sought an increase in import duties, flagging dumping of chemicals from China.


Crop Care Federation of India, which represents key players in the agrochemical sector, has sought an increase in import tariffs, currently at about 7.5%. "The government should raise import tariffs by 7.5% counteracting Chinese predatory pricing and monopolistic practices with targeted tariff," said Harish Mehta, senior advisor,

 Source Name : Economic Times

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