Government mulling over increasing customs duty on imported Chinese products
Shortpedia
Content Team
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As tensions rise between India and China, the battlefield is shifting from LAC (Line of Actual Control) to the economic corridors of the country. Finance Ministry is considering raising customs duty on a number of Chinese products. The focus would be on cutting down import of non-essential items. Discussions are also on to hike customs duty on Chinese goods in a bid to deter Indians from using Chinese goods.
