Social and environmental impact of palm oil Current Affairs, GK & News

India cuts import tax on crude palm oil sourced from ASEAN nations from 44% to 40%

India has slashed import taxes on crude and refined palm oil sourced from Southeast Asian (ASEAN) countries after a request from suppliers. According to the official notification, the duty on crude palm oil was lowered to 40% from 44%, while the tax on refined palm oil was cut to 45% from 54% if imported from ..

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