On the traces of import limitations on pepper, the Centre has appear to the aid of the coconut business by inserting limitations on the import of desiccated coconut powder.
According to a notification issued by the Commerce Ministry, desiccated coconut powder imports with CIF worth of ₹150 and higher than per kg is free, even though shipments priced much less are prohibited with effect from January 1.
The government selection will come on a ask for created by the Coconut Advancement Board to secure the domestic business, which has been on the verge of closure because of massive-scale imports of desiccated coconut powder.
Official resources told BusinessLine that the government experienced sought the views of the Board in the wake of unbridled imports, particularly from Sri Lanka, at pretty minimal fees on account of significant domestic charges of uncooked coconuts.
Nil import duty
Desiccated coconut powder shipments in bulk quantities