New Delhi - India will continue to bring down tariffs and phase out additional levies on imports as domestic manufacturing improves, a top finance ministry official said, ahead of Prime Minister Narendra Modi’s visit to the US.

“We will soon start stakeholder consultations with ministries on whether rates can be lowered further without impacting the industry,” Sanjay Agarwal, chairman of the country’s Central Board of Indirect Taxes and Customs, told Bloomberg News in an interview Thursday. “As value chains get deeper, custom duties must be reduced otherwise inefficiencies set in,” he said, without specifying . . .