# Import duty on wheat, dal back | Import duty on wheat, dal back

> India's government imposed a 10 per cent basic customs duty on wheat and tur dal with immediate effect. The duty reverses the December 2016 cut to zero that had been made to boost domestic supply. The government estimated the revenue impact at about Rs 840 crore at current import levels.

- Date: 2017-03-28 · published 2017-03-28T12:00:00.000Z
- Category: policy · region India · magnitude high
- Page: https://feedsoft.ai/events/71966-import-duty-on-wheat-dal-back-import-duty-on-wheat-dal-back
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

The duty directly reduces India's wheat imports during its harvest, weakening import demand from a major buyer and putting downward pressure on world wheat prices. It also supports Indian farm-gate prices that had dropped below the minimum support price.

## Read by commodity

- WHEAT: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2017-05-27 | [Import duty on Wheat and Arhar Dal](https://feedsoft.ai/events/70984-import-duty-on-wheat-and-arhar-dal.md) | -0.5% | -1.1% |
| WHEAT | 2017-03-22 | [Govt considering imposing import duty on wheat: Agri Secy \| Govt considering imposing import duty on wheat: Agri Secy](https://feedsoft.ai/events/71968-govt-considering-imposing-import-duty-on-wheat-agri-secy-govt-considering.md) | +2.2% | +1.9% |
| WHEAT | 2017-04-30 | [No immediate plans to hike import duty on wheat to 25 pc: Govt \| No immediate plans to hike import duty on wheat to 25 pc: Govt](https://feedsoft.ai/events/71475-no-immediate-plans-to-hike-import-duty-on-wheat-to-25-pc-govt-no-immediate.md) | +2.3% | +1.5% |
| WHEAT | 2017-03-23 | [May Reimpose Import Duty On Wheat: Union Minister Ram Vilas Paswan](https://feedsoft.ai/events/71964-may-reimpose-import-duty-on-wheat-union-minister-ram-vilas-paswan.md) | +2.4% | +1.5% |
| WHEAT | 2017-11-10 | [India's wheat import tariff weighs on prices for Black](https://feedsoft.ai/events/67961-india-s-wheat-import-tariff-weighs-on-prices-for-black.md) | +0.9% | +1.0% |

## Sources

- deccanchronicle.com: https://www.deccanchronicle.com/business/in-other-news/290317/import-duty-on-wheat-dal-back.html

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.