June 12, 2025 7:39 AM
Centre cuts customs duty on crude edible oils from 20 to 10 percent to bring down prices in local market
The Centre has reduced the basic customs duty on crude edible oil, including crude sunflower, soybean, and palm oils, from 20 per cent to 10 per cent. This has resulted in the import duty differential between crude and refined edible oils from 8.75 per cent to 19.25 per cent. The Ministry of Consume...