Page-2 of Edible oil import Current Affairs, GK & News

Government hikes import duty on non-palm oils by 5-10%

The Central Board of Indirect Taxes and Customs (CBITC) under Finance Ministry has raised import duty by 5-10% on non-palm edible oils, both crude and refined ones, in order to protect interest of domestic oilseeds growers and processors. Key Facts Sunflower oil: The import duty on crude variant was increased from 25% to 35%, while ..