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What do you mean by duty …

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What do you mean by duty free and export?how it proved beneficial for british and exploitation for indians

Posted by Yash Patel 5 years, 7 months ago

CBSE > Class 12 > Economics

1 answers

Sneha Manchanda 5 years, 6 months ago

Duty free exports are those on which one doesn't has to pay tax or other duties while exporting such goods. And it helped a lot Britishers to exploit India . As they declared that there will not be any type of tax or duty in exporting raw materials to other nations but on the other hand they were charging a huge amount on export of handicrafts . That's why the cheap raw material from india helped British to furnish their own industrial sector and exploit india with duty free imports on finish goods from british and heavy taxes on exporting finished goods to other countries.

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