Apex industry body ASSOCHAM has urged the Union Government to reduce customs duty on chilled and frozen sea food from the present level of 30% to 10% to bring down food inflation and satiate high demand for sea food in India. “Local fisheries will not get affected by imports because sea food availability in India is much lower than its demand,” highlighted ASSOCHAM in its pre-budget memorandum (indirect taxes) submitted to the Centre.
Disclaimer: The information provided within this publication / eBook/ content is for general informational purposes only. While we try to keep the information up-to-date and correct, there are no representations or warranties, express or implied, about the completeness, accuracy, reliability, suitability or availability with respect to the information, products, services, or related graphics contained in this publication / eBook/ content for any purpose. Any use of this information is at your own risk.