AreaIndia

Commodity GroupOilseeds, oils and meals

CommodityPalm oil, soyoil, sunflower oil

Date14/09/2024

Policy CategoryTrade

Policy InstrumentImport policy

DescriptionIncreased its basic customs duties on imports of crude and refined oils, to 20 percent and 32.5 percent, respectively, effectively increasing the total import duties from 5.5 percent and 13.75 percent to 27.5 percent and 35.75 percent.