Central Government reduces duty on edible oils
Business & Finance
Central Government reduces duty on edible oils
September 11, 2021
1 min
  • The Central Government has reduced the standard rate of duty on Crude Palm Oil, Crude Soyabean Oil and Crude Sunflower Oil to 2.5%.
  • The standard rate of duty on Refined Palm Oil, Refined Soyabean Oil and Refined Sunflower Oil has been reduced to 32.5%.
  • This will help in reducing the cost of edible oils for consumers.
  • The Agri-cess for Crude Palm Oil has been increased from 17.5 to 20%.
  • The Central Government has already reduced the import duty on edible oils, modified the import policy to facilitate the import agencies.


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