Disclaimer:

Some parts of this website are currently undergoing development, but exciting updates are on the way. Stay tuned for an exhilarating experience that will keep you captivated! Fair winds and following seas, The DST.news Team.
1 2 3 18
Home > All news > Business, Export Import, Regulations, Trade > Centre reduces Basic Custom duty (BCD) on major imported Crude edible Oils from 20% to 10%

Centre reduces Basic Custom duty (BCD) on major imported Crude edible Oils from 20% to 10%

June 12, 2025
Reading Time: < 1 minute

New Delhi - The Centre has reduced the basic customs duty on crude edible oil, including crude sunflower, soybean, and palm oils, from 20 per cent to 10 per cent. This has resulted in the import duty differential between crude and refined edible oils from 8.75 per cent to 19.25 per cent. The Ministry of Consumer Affairs, Food and Public Distribution said that this move aims to reduce the landed cost and retail prices of edible oils, providing relief to consumers and helping to curb overall inflation. The reduced duty will also encourage domestic refining and ensure fair . . .

Want to read full article?

Disclaimer: This information has been collected through secondary research and Daily Shipping Times is not responsible for any errors in the same.

FOLLOW US ON SOCIAL MEDIA
Today's News
Follow us
facebook | DST NewsTwitter | DST NEWSlinkedin | DST NEWSInstagram | DST NEWSYouTube | DST NEWS
© DAILY SHIPPING TIMES
Back
Home
crosschevron-down

You cannot copy content of this page

linkedin facebook pinterest youtube rss twitter instagram facebook-blank rss-blank linkedin-blank pinterest youtube twitter instagram