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Import duties on sunflower & soyabean oil
May 27 , 2022
815 days
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- The Centre allowed duty-free import of 20 lakh metric tonnes each of crude soyabean oil and crude sunflower oil for this year as well as 2023-24.
- Earlier, in October, the government had reduced the basic import duties on edible oils amid runaway prices.
- The import duty on crude palm oil had been slashed to 2.5%, from 10%.
- Duty on crude soya and sunflower oils were cut to 2.5%, from 7.5%.
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