Centre imposes curbs on import of desiccated coconut powder

 

On the strains of import constraints on pepper, the Centre has appear to the help of the coconut sector by putting constraints on the import of desiccated coconut powder.

In accordance to a notification issued by the Commerce Ministry, desiccated coconut powder imports with CIF benefit of ₹150 and above per kg is cost-free, even though shipments priced fewer are prohibited with influence from January 1.

The authorities decision will come on a ask for created by the Coconut Improvement Board to guard the domestic sector, which has been on the verge of closure simply because of substantial-scale imports of desiccated coconut powder.

Formal resources informed BusinessLine that the authorities experienced sought the sights of the Board in the wake of unbridled imports, primarily from Sri Lanka, at quite low rates on account of high domestic selling prices of uncooked coconuts.

 

Nil import duty

Desiccated coconut powder shipments in bulk

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