ANNOUNCEMENT 12 Jun 2019

The minimum Cost in Freight value on imports of broken or whole cashew kernels has been increased.

NUMBER OF INTERVENTIONS

1

  • 1 harmful
  • 0 neutral
  • 0 liberalising
Inception date: 12 Jun 2019 | Removal date: open ended
Still in force

Import tariff

On 12 June 2019, the Indian Ministry of Commerce & Industry through Notification No. 8/2015-2020 enhanced the Minimum Cost In Freight (CIF) value on import of Cashew kernels (broken) from INR 288 (~USD 4.15) to INR 680 (~USD 9.8) per kg. and on import of Cashe Kernels (whole) from INR 400 (~USD 5.77) to INR 720 (~USD 10.38)per kg. 

These CIF values were imposed earlier in December 2013 (see related State Act).

*INR to USD conversion as on 12 June 2019 - INR 69.37/USD

AFFECTED SECTORS

 

AFFECTED PRODUCTS