Wednesday, April 24, 2024
Advertisement
  1. You Are At:
  2. News
  3. India
  4. Govt puts restrictions on imports of agarbatti from China and Vietnam

Govt puts restrictions on imports of agarbatti from China and Vietnam

"Import policy of agarbatti and other odoriferous preparations which operate by burning ...is revised from free to restricted," the Directorate General of Foreign Trade (DGF) said in a notification. Restrictions have also been imposed on imports of other odoriferous preparations used for deodorising room. Its imports increased to USD 12.35 million in 2018-19 from USD 7.51 million in 2017-18.

PTI Reported by: PTI New Delhi Updated on: August 31, 2019 17:54 IST
Governemnt puts restrictions on imports of agarbatti
Image Source : PTI

Governemnt puts restrictions on imports of agarbatti

The government on Saturday put restrictions on imports of agarbatti and other similar products amidst report of significant increase in inbound shipments from countries like China and Vietnam.

Now importers of these goods require licence from the government for import purpose. 

"Import policy of agarbatti and other odoriferous preparations which operate by burning ...is revised from free to restricted," the Directorate General of Foreign Trade (DGF) said in a notification.

Restrictions have also been imposed on imports of other odoriferous preparations used for deodorising room. Its imports increased to USD 12.35 million in 2018-19 from USD 7.51 million in 2017-18.

Imports of agarbatti and other odoriferous preparations stood at USD 17.75 million during April-June 2019-20. It was USD 83.58 million in 2018-19 as against USD 84.95 million in the previous fiscal.
Agarbatti imports from China dipped to USD 6.39 million in 2018-19 from USD 8.53 million in the previous fiscal.

According to reports, imports of bamboo sticks used in the sector have increased from Vietnam, which is a part of ASEAN (Association of South east Asian Nations) bloc, with which India has a free trade agreement.

Also Read | Anthony Levandowski, ex-Google engineer charged with stealing trade secrets for driverless cars

Also Read | Rupee slips 42 paise to 72.08 vs USD in early trade

Also Read | China announces tariff hike on $75 billion of US products

Advertisement

Read all the Breaking News Live on indiatvnews.com and Get Latest English News & Updates from India

Advertisement
Advertisement
Advertisement
Advertisement