The government on Wednesday permitted import of feed grade maize at a concessional import duty of 15 per cent with a view to meet the shortage of the poultry feed in the country. The import of up to one lakh tonne feed grade maize will be allowed on actual user condition.
"Keeping in view the urgency, the feed grade maize is proposed to be imported under TRQ (tariff rate quota)" with certain relaxations and conditions, the Directorate General of Foreign Trade (DGFT) said in a notice.
It said applications are invited from state trading enterprises for import of feed-grade maize (corn) under the TRQ scheme at 15 per cent customs duty and meant only for actual users. It added that the import for trading purpose is not allowed.
Source :- Thehansindia.com