Duty Cuts on Chinese Imports - 80% items

I read the headline India may cut duties on 80% chinese imports.

At a time when the entire domestic industry is under tremendous slowdown there cant be a policy that allows India to get flooded with cheap chinese imports.

This has to be taken up by LocalCircles in the interest of sme startups and traders.

Is there a trader or retailer association In India or are they non existent. I see nothing here in hyderabad. more  

View all 12 comments Below 12 comments
It's unlikely that BJP will listen to such issues as Modi ji is very friendly & close relationship with Chinese President alike Adani & Ambani's more  

Yes this was discussed in the Trade ministers' meet at Bangkok .“With China, the attempt is to limit elimination of tariffs up to about 70 per cent of traded items which is to be spread over thirty years.

If the number of tariffs to be initially slashed remains high, the Indian industry will face immediate heat not only from China but also from the ASEAN, Japan and South Korea with which it already has bilateral free trade agreements (FTAs).

The news is not fake.. The wise Chinese are fooling the world, getting their way in large markets by hook or crook. A treaty is being signed by South East Asian nations including India wherein as usual Chinese take the cake. The major share in the cake is already theirs, but this treaty will give them such that our local industries will not survive the items they send us.
Trump is literally kicking them out, the Chinese have entrenched themselves so much in the North American market, that from birth to death a American is wrapped in Chinese goods.
If the treat is signed, well Chinese stuff will flood India more at cheap rates we cannot imagine. more  
I wish that the news item is fake and biased. Modi govt would not take such a nasty step which would kill the domestic market. China, is one of the greatest enemy No 1 dangerous than Pakistan. We request the Commerce Ministry, Finance Ministry to make this news item a false one and they will not take such decisions which would hamper the Domestic market. more  
Dont go for the hearsay wait for the real policy and then assess and post accordingly more  
Post a Comment

Related Posts

    • People manipulating in name of startups

      Many many companies and smes are taking their old businesses and moving the business in new company after 2016 startup india. What is the Govt doing to ensure businesses of large compan...

      By Varun Bhawnani
    • State of the economy

      Good insights on what could be done to address the economy but given the collection challenges of gst and direct tax how can the govt boost rural give away.

      By Sudesh Rai
    • GST

      20% of tax GST tax payers account for 80% of tax . the GST filing should be simplified to a large extent. I am also a registered GST member without appreciable turn over. The gst form can not be u...

      By Subramanian Venkataraman
    • Is GST about to hurt genuine businesses - well it seems like

      The Govt is implementing new restrictions in availing input tax credits. So far, businesses have been claiming input tax credit based on their own invoices. For instance businesss &lsqu...

      By Vishal Khanna
    • Banks shut on 11 days this month

      How do we as a country call ourselves open for business when our banks are closed 1/3rd of the time. 2 October Gandhi Jayanti 6 October Sunday 7 October Navami 8 October ...

      By Sudesh Rai
    • China Sellers on ecommerce

      This is how they sell. Selling by live streaming on 40 different sites at the same time. Where is the Indian ecommerce seller - probably in some Govt office dealing with an inspector and making him...

      By Sujata Singh
    • Smart Move

      Very smart move by FM. Firms can now choose to pay a higher rate & claim tax breaks or pay a lower rate with no tax breaks. Maybe many of the big firms crying about high tax rates will suddenly...

      By Naina Mittal
    • Big boost bh Govt

      Cut in corporate tax to 22% is the boldest taxation reform by the govt. Will reignite corporate investment, bring back animal spirits in the economy, boost the stock market, stabilise the rupee. Th...

      By Sridhar Mohan
    • Looking for Factories for Export to USA

      Looking for factories of Leather goods, belts, PU Shoes for exports to USA, the buyer is coming next week to Delhi, Kanpur and Agra

      By Kush Agarwal
    • Tax Filing dates for companies

      Can the current deadline of tax filing date of sept 30th be extended to Nov 30th. Companies as well as proprietorship business are under lots of stress most behind on cash flow and reven...

      By Sudesh Rai
Share To
Enter your email & mobile number and we will send you the instructions

Note - The email can sometime gets delivered to the spam folder, so the instruction will be send to your mobile as well

Please select a Circle that you want people to invite to.
Invite to
(Maximum 500 email ids allowed.)