Categories: BUSINESS

Trade policy rethink: GTRI calls for tariff overhaul; simpler customs to cut costs and lift exports

A GTRI report urges India to overhaul its import tariff structure and customs administration to boost trade costs, manufacturing competitiveness, and export growth. Recommendations include a gradual move to zero duty on raw materials and a 5% duty on finished goods, alongside simplifying procedures and eliminating inverted duty structures.
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Sumitra
6 months ago

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