Government Imposes 40% Export Duty On Onions To Stabilize Domestic Market

Bhavya Singh

22 Aug 2023 11:30 AM IST

  • Government Imposes 40% Export Duty On Onions To Stabilize Domestic Market

    In a move aimed at curbing the potential rise in onion prices and ensuring adequate supplies in the domestic market, the government has announced the imposition of a 40% export duty on onions. The decision was communicated by the Ministry of Finance (Customs) through Notification No. 48/2023-Customs, which takes immediate effect and will remain in force until December 31, 2023.Citing...

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