Embed
Email

Importers found under-invoicing

Document Sample

Shared by: fjzhangxiaoquan
Categories
Tags
Stats
views:
1
posted:
1/1/2012
language:
pages:
1
Importers found under-invoicing Chinese ginger

The Hindu Business Line, Sep 22, 2009



According to market sources in Khari Baoli (Chandni Chowk), some were importing

Chinese dry ginger after under invoicing, though the Centre had reduced the import duty

to 35 per cent from 70 per cent. The police and customs are said to have taken samples of

the imported material. Trading sources in Delhi, Kochi and Bangalore told that Chinese

ginger is fully peeled and dipped in a toxic solution to increase shelf life without

infestation and to give it a good appearance. Indian ginger, on the other hand, is partially

peeled and dipped in lime solution, which is not harmful for human consumption. With

the reduction in duty, Indian ginger is losing its position even in the domestic market,

leaving Chinese, Ethiopean and Nigerian ginger to capture market share. The stocks have

been exhausted with the end of the season, said sources. The spices oils and oleoresin

extraction units are importing ginger, especially from Ethiopia and Nigeria, reportedly at

$700 to $800.



This unique variety - with its low fibre content, special aroma and pungency - is mainly

grown in Kerala and the bordering States. The price of the ginger has now gone up

almost three-folds due to short supply. On an average, Indian export of ginger was about

8 per cent of the domestic production. India is the largest producer of ginger in the world

with 3.91 lakh tonnes from 1, 10,600 hectares in 2005-06, with a yield of 3,537 kg a

hectare. But in terms of area, Nigeria and China are on top. The officials have told that

adulteration of imported cloves, which are allegedly of inferior quality, with spent cloves

and stems obtained from extraction units has also come to the notice of the authorities in

the capital. Stems are dipped in a solution to make its colour black and then sprayed with

clove essence/oil so as to give it the aroma, market.



Related docs
Other docs by fjzhangxiaoqua...
junburgh women snow boots appeal
Views: 0  |  Downloads: 0
STL _ INDY BOA Trip 2008
Views: 0  |  Downloads: 0
Dear Mr
Views: 0  |  Downloads: 0
The walk to Emmaus
Views: 1  |  Downloads: 0
Planning book - District Develop
Views: 0  |  Downloads: 0
Дефектный акт Утверждаю
Views: 0  |  Downloads: 0
Children's Sleepwear Flammabilit
Views: 0  |  Downloads: 0
Roane County Schools August Brea
Views: 0  |  Downloads: 0
The Marketing Research Report Pr
Views: 0  |  Downloads: 0
The 2011 Import and Export Marke
Views: 0  |  Downloads: 0
By registering with docstoc.com you agree to our
privacy policy

You are almost ready to download!

You are almost ready to download!