Global Trade Alert
Global Trade Alert

India: Import duty on certain edible oils reduced

Announcement

10 Sep 2021

India has reduced the customs duties on the import of certain edible oils and increase an internal tax on the imports of crude palm oil.

Source

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Number of interventions

2

1 certainly harmful

0 likely harmful

1 liberalising

List of interventions

0 in force

Implementation date

11 Sep 2021

Revocation date:

No revocation date

Import tariff

On 10 September 2021, the Indian Ministry of Finance through Notification No. 42/2021-Customs reduced the import duty on certain edible oils as below - Crude Palm oil from 10% to 2.5% Crude Soyabean ...

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Implementation date

11 Sep 2021

Revocation date:

No revocation date

Internal taxation of imports

On 10 September 2021, the Indian Ministry of Finance through Notification No. 42/2021-Customs increased the Agriculture Infrastructure and Development Cess on crude palm oil from 17.5% to 20%. The cha...

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