History, asked by shweta124, 1 year ago

why when the east india company refused for duty free trade why there was enormous loss of revenue for bengal



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Answered by sonali106
0
In 1717 they got the right to do duty free trade and got the right to import and export goods without paying custom duty. However the company employees misused this right and carried illegal private trade for which they did not pay trade duties. This resulted in enormous loss of revenue of bengal
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