Govt Cuts Edible Oil Import Duty To 10% To Reduce Prices

Saturday, 31 May 2025
This decision brings the effective duty down to 16.5 per cent, following a sharp rise in edible oil prices—up by 17.4 per cent in April, as per retail inflation data.

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Govt cuts edible oil import duty by 10 percentage points to tame soaring prices

The government has reduced the basic customs tax on crude edible oils by 10 percentage points, effective Friday, to combat rising prices. This decision aims to...
IndiaTimes on May 30, 2025

Govt Cuts Edible Oil Import Duty To 10% To Reduce Prices

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Govt cuts edible oil import duty by 10 percentage points to tame soaring prices