Exemption from import duty on tuvar and urad dal has been extended for one more year

Mumbai: Exemption from import duty on Tuvar and Udd Dal has been extended by one more year till March 31, 2025. From October 2021, the government has exempted both these agricultural products from import duty. This exemption has now been extended till March 31, 2025, according to a notification issued by the Director General of Foreign Trade (DGFT).

Exemption of import duty is expiring on 31st March, 2024.

This decision of the government has come amid a sharp rise in food inflation in the country. Food inflation, which was 6.61 percent in October, rose sharply to 8.70 percent in November.

The price of pulses rose by twenty percent in November. The government had earlier extended the exemption of import duty on masur dal till March 2025.

The price of pulses has seen a recent surge as domestic production declines as a result of rain uncertainty. With Lok Sabha elections scheduled next year, the government is taking all measures to increase the supply of pulses, one of which is duty-free import.

As against 33.10 lakh tonnes in kharif season of 2022, Tuwer production of 2023 kharif season is estimated to be around 32.20 lakh tonnes to 32.70 lakh tonnes. The production of urad also decreased to around 16 lakh tonnes as compared to 17.70 lakh tonnes.

The government has also taken measures like stock limit to increase the supply of food grains. It also includes Tuvar Dal and Udd.