Edible Oil To Get Cheaper Soon As Govt Cuts Basic Customs Duty To 10%; Details Here
Last Updated:May 31, 2025, 11:42 is The Centre reduced the basic customs duty on crude palm, soybean, and sunflower oils from 20% to 10%, lowering the total import duty to 16.5% to cut cooking oil prices. The basic customs duty on refined oil remains unchanged at 32.5 per cent. In a major decision aimed at…