Cashew Kernel Price Today

Cashew Kernel Price Today, July 11, 2017

W240: 5.20-5.25; W320: 5.05-5.15;

W450/ SW320/ LBW: 4.9-4.95;

DW: 4.5-4.6; WS/WB: 4.35-4.6;

LP: 3.75-3.85 (SP: Limited)

(Unit: USD/ Lb FOB HCMC/ Flexi packs)

Note: The above selling prices for non-Chinese markets/ Prompt shipment.

Thứ Ba, 21 tháng 3, 2017

India: Duty free import of machineries is to be withdrawn from the Foreign Trade Policy from the year 2018

20 March 2017



Please be informed that EPCG scheme, popularly known for duty free import of machineries is to be withdrawn from the Foreign Trade Policy from the year 2018.    Hence, please plan immediately about our import requirement of machineries and purchase before June, 2017 before implementation of GST.     After implementation of GST., we may get exemption upto 10% of basic Customs duty, subject to some terms and conditions as per the circular to be issued at that time.    This 10%duty exemption is also  expected to be available upto  December 2017,  and the EPCG scheme will be abolished from the year 2018.

Also, according to the recent implementation of  FTA (Free Trade Agreement) there are chances to cut all the incentives for the exports from next year, 2018, especially MEIS (formerly FPS duty scrip incentive)

Source: Anil Kumar G

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