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Searched Tag: refined edible oils
May 20, 2026, 06:52 PM - 3 min read
India currently imports nearly 60 per cent of its edible oil requirement, making the country highly vulnerable to fluctuations in international prices.
Read moreSeptember 14, 2024, 03:33 PM - 3 min read
The finance ministry has increased the basic customs duty on crude palm, soybean, and sunflower seed oil from 0% to 20%, and on refined versions from 12.5% to 32.5%. This change raises the effective duty on crude oils from 5.5% to 27.5% and on refined oils from 13.75% to 35.75%.
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