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Rapeseed Meal News - Government Revised Import Duty of Edible oils
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Government Revised Import Duty of Edible oils

Government of India revised Basic Custom Duty on Crude palm oil from 7.5 percent to 2.5 percent and Refined palm oil to 32.5 percent. The effective duty include Agriculture cess and other charges on crude palm oil will be 24.75 percent, while for refined palm oil the duty stands at 35.75 percent. Similarly, crude soy oil and crude sun oil’s new import duty stands at 2.5 percent. While, ref sun oil stands at 35.75 percent.