GENERAL1 Oct 2026
Govt considers cutting import duties on pulses to cool prices: Report
India may reduce import duties on lentils and yellow peas to increase supply and cool food inflation. A weak monsoon has raised worries about the country's pulse output. At present, red lentils and chickpeas face a 10% import tax, while yellow peas face 30%. If you buy or trade pulses, watch for an official notification before changing your purchase or pricing plans.
Key Statutory Highlights
- The government is considering cutting import duties on lentils and yellow peas to boost supplies and curb food inflation.
- A weak monsoon has raised concerns over domestic pulse output in India.
- India currently imposes a 10% import tax on red lentils and chickpeas, and 30% on yellow peas.
Actionable Advice for Taxpayers / Founders:If you deal in pulses, keep an eye out for an official government notification on duty changes, and avoid locking in long-term purchase or pricing commitments until the position is clear.
Statutory Disclaimer: TaxQue Shorts are AI-assisted editorial briefs for compliance awareness. This brief has not passed every source check; confirm the original notification before acting. This does not constitute formal legal or CA counsel.
TaxQue News Desk
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