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Only Knowledge facts: Can our new trade treaties address duty anomalies?

Tuesday, 12 April 2022

Can our new trade treaties address duty anomalies?

India has long suffered the anomaly of imported raw material being taxed more than the finished product. Economists call it the inverted duty structure. A spate of free trade agreements (FTAs) in the past have not helped. Are the new ones any better? Mint takes a deep dive:

from mint - Politics India has long suffered the anomaly of imported raw material being taxed more than the finished product. Economists call it the inverted duty structure. A spate of free trade agreements (FTAs) in the past have not helped. Are the new ones any better? Mint takes a deep dive:

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