Monday, June 14, 2021
Home News Reports Rajya Sabha passes resolution imposing 200% customs duty on Pakistani goods

Rajya Sabha passes resolution imposing 200% customs duty on Pakistani goods

Today the Rajya Sabha formalised the February notification that had slapped a 200% customs duty on all goods imported from Pakistan. The decision was taken after cancelling the MFN status granted to Pakistan.

A statutory resolution has reportedly been passed in the upper House of the Parliament today imposing 200% customs duty on all the goods imported from Pakistan. It was a formalisation of the February 2019 move by the government of India to hike customs duty on all the goods imported from Pakistan after the Pulwama attack.

Today’s resolution in Rajya Sabha approved the February 2019 notification. Taking decisive measures against Pakistan after the Pulwama attack, India had also moved to cancel the most favoured nation (MFN) status granted to Pakistan for trade.

In another resolution, The BCD on the lentils was hiked by from 40% to 50%. Similarly, the BCD on boric acid will be increased from 17.5% o 27.5%n. The BCD for diagnostic items is supposed to increase from 20% to 30%.

Minister of State for Finance Anurag Thakur had moved two statutory resolutions on behalf of Finance Minister Nirmala Sitharaman. Both the resolutions were adopted by voice vote.

The first resolution sought to insert new tariff item 98060000 under chapter 98 of the First Schedule of the Customs Tariff Act, 1975 prescribing 200% customs duty on all the goods originating in or exported from Pakistan by approving a February 2019 notification.

The 200% customs duty imposition had caused a massive financial loss in Pakistan. Hundreds of trucks loaded with goods were left stranded on the Wagah border for weeks.

  Support Us  

Whether NDTV or 'The Wire', they never have to worry about funds. In name of saving democracy, they get money from various sources. We need your support to fight them. Please contribute whatever you can afford

OpIndia Staff
Staff reporter at OpIndia

Related Articles

Trending now

Here is the truth about the land deal by Ram Janmabhoomi Teerth Kshetra and how the allegations by likes of AAP are baseless

Shri Ram Janmabhoomi Teerth Kshetra and its head Champat Rai bought an additional piece of land for the purposes of additional construction to facilitate pilgrims who would be travelling to Ayodhya

Adani Group issues clarification over frozen accounts, says media report ‘blatantly erroneous’

Economic Times report had suggested that the National Securities Depository Limited (NSDL) has frozen accounts of three foreign portfolio investors (FPIs) holding shares in the group companies.

United by football, divided by BLM: How taking the knee has become such a controversial gesture at the Euro 2020

The England Football Team and its players have been booed for taking the knee ahead of their first match at Euro 2020.

Dr Fauci, Peter Daszak and more: The damning involvement of American scientists and bureaucrats in suppressing truth about Covid origins

The email leaks of Dr Anthony Fauci shed light on the American complicity in helping China cover up the origins of COVID-19

Activist Kishore K Swamy arrested on charges of inciting communal riot for circulating ‘defamatory’ posts against DMK leaders

Activist Kishore K Swamy was arrested over a complaint filed by DMK IT Wing coordinator Ravichandran

Pakistan alleges India wants it to deny consular access to Kulbhushan Jadhav so India can use it against Pak in ICJ

In July 2019, ICJ had directed Pakistan to stay the execution of Kulbhushan Jadhav and allow him consular access.

Recently Popular

Kamal R Khan calls Mika Singh ‘anpadh gawar sooar’ after the singer released a diss track titled ‘KRK Kutta’: Here is how the feud...

The feud between KRK and Mika Singh descends to calling each other ‘dogs’ and ‘pigs’, here how it unfolded

How a ‘liberal’ filmmaker went from criticising Rahul Gandhi to saying ‘I am on your side’ and what it shows

Congress and their loyalists are still not able to get over the shock of not only losing 2019 elections, but BJP outperforming them and itself from the previous term.

PM Modi kills the manufactured stories about his rift with Yogi Adityanath with just three words

In a rare gesture, PM Modi publicly praised Yogi Adityanath for a scheme amid the manufactured reports about rift between the two

Young billionaire Nikhil Kamath’s account closed by as he admits cheating in charity game to defeat Vishwanathan Anand

Nikhil Kamath created quite the flutter recently after he apparently defeated Vishwanathan Anand in a game of chess.

Mumbai: Video of a car sinking in a hole within seconds goes viral after incessant rains. Watch

The car has been pulled out with the help of a crane from the 40 feet deep well and no injuries have been reported.

Shiv Sena leader demands a flyover in Mumbai be renamed after Moinuddin Chishti, who credited himself for capturing Prithviraj Chauhan

The leader of the so-called Hindutva party stated that the Muslim community’s demand must be respected and the flyover be renamed at the earliest.
- Advertisement -


Connect with us