onion import duty
The government has withdrawn import duty on onion and reduced that on sugar by 10 per cent in a bid to stabilise the prices of the two essential items. The Internal Resources Division (IRD) under the Ministry of Finance issued two separate gazettes in this regard on Thursday evening. While the customs duty on onion import was withdrawn, the regulatory duty on sugar import was cut down to 20 per cent from 30 per cent. Read: Proposal for duty withdrawal on onion import to be considered: FnM The decision came as the prices of the daily essentials kept soaring in the local market.