budget 2025 dry fruit traders demand import duty rationalization and cut gst from 18 pc to 5 pc

Budget 2025: Dry Fruit Traders Demand Import Duty Rationalization And Cut Gst From 18 Pc To 5 Pc

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Budget 2025: The Nuts and Dry Fruits Council of India (NDFC), an umbrella body of the countrys dry fruit traders, on Wednesday urged the government to rationalise the import duty on walnuts on a per kg basis, reduce GST to 5 per cent and introduce a production-linked incentive (PLI) scheme for the sector in its pre-budget proposals. According to the industry body, Indias dry fruit market is growing at an annual growth rate (CAGR) of 18 per cent and is projected to reach USD 12 billion by 20