The imposition of 25 per cent regulatory duty on potato exports and making its import at zero per cent have not made the staple vegetable cheaper in domestic markets.
The government issued two statutory regulatory orders (SROs) on May 2 to fix regulatory duty on potato exports at 25pc. On the same day, another SRO was issued stating that no regulatory duty and other levies would be charged on import of 200,000 tonnes of potatoes from May 5 to July 31.
The government is trying to keep duty-free import of potato till July 31 to curb prices in Ramazan, starting from end of June.
