The government has reduced import duty on masoor dal to 10 percent for three months. The move is aimed at increasing domestic availability.
Amending a notification dated June 30, 2017, the Central Board of Indirect taxes and Customs (CBIC) has said it is 'temporarily' reducing the import duty on lentils (masoor) till 31st August 2020.
Earlier, import duty on the product was 30 percent. India is the world's largest consumer and importer of pulses.
MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.
To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.
MoneyWorks4Me ensures this through: