Tax Management India. Com
Law and Practice  :  Digital eBook
Research is most exciting & rewarding
  TMI - Tax Management India. Com
Follow us:
  Facebook   Twitter   Linkedin   Telegram
News

Home News News and Press Release Month 11 2008 2008 (11) This

Import of sensitive items during April-September 2008

19-11-2008
  • Contents

The total import of sensitive items for the period April-September 08 has been Rs.20560.2 crore as compared to Rs.16216.6 crore during the corresponding period of last year thereby showing an increase of 26.8%. The gross import of all commodities during same period of current year was Rs.661208 crore as compared to Rs.456407 crore during the same period of last year. Thus import of sensitive items constitute 3.6% and 3.1% of the gross imports during last year and current year respectively.

Imports of milk & milk products and food grains have shown a decline at broad group level during the period. Imports of items viz. edible oil, automobiles, fruits & vegetables (including nuts), cotton & silk, products of SSI, rubber, spices, alcoholic beverages, marble & granite and tea & coffee have shown increase during the period under reference.

In the edible oil segment, the import has increased from Rs.6009.23 crore last year to Rs.6182.89 crore for the corresponding period of this year. The import of crude edible oil has gone down by 6.5% and that of refined gone up by 79.2%. The increase in edible oil import is mainly due to substantial increase in import of refined bleached deodorised palmolein.

Imports of sensitive items from Indonesia, China PRP, Korea RP, Myanmar, Japan, Germany, United States of America, Malaysia, Cote D' Ivoire, Thailand, Czech Republic, Italy, Benin, Australia, Egypt, Sweden, Guinea, United Kingdom etc. have gone up while those from Argentina, Canada and Brazil etc. have shown a decrease.

********



RJ/MRS

Quick Updates:Latest Updates