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India probes soybean imports declared as from Niger over suspected tariff evasion

Reuters reports in The Economic Times that customs wants proof of Niger origin; mislabeled cargoes would face a 45% tariff.

Economic TimesET
1 Source, 1h ago, first seen 1h ago

TLDR

Reuters reports in The Economic Times that Indian customs is investigating a surge in soybean imports declared as coming from Niger. Authorities suspect some shipments originated in Nigeria and were mislabeled to avoid tariffs. Trade ministry data showed 380,868 tons declared from Niger in the first seven months of 2026, up from zero a year earlier. Importers have been asked for proof of origin; sources said cargoes found to be mislabeled would face a 45% tariff.

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Economic Times@EconomicTimesNiger or Nigeria? India probes soybean imports over suspected tax evasion, sources say https://economictimes.indiatimes.com/news/economy/foreign-trade/niger-or-nigeria-india-probes-soybean-imports-over-suspected-tax-evasion-sources-say/articleshow/134705755.cms1h
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    Economic Times@EconomicTimesNiger or Nigeria? India probes soybean imports over suspected tax evasion, sources say https://economictimes.indiatimes.com/news/economy/foreign-trade/niger-or-nigeria-india-probes-soybean-imports-over-suspected-tax-evasion-sources-say/articleshow/134705755.cms1h
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