Global Trade Alert
Global Trade Alert

India: Duty free import quota announced for crude soyabean oil and crude sunflower seed oil

Announcement

24 May 2022

India has announced a duty-free import quota of crude soyabean oil and crude sunflower seed oil.

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Number of interventions

2

0 certainly harmful

0 likely harmful

2 liberalising

List of interventions

0 in force

Implementation date

25 May 2022

Revocation date:

No revocation date

Import tariff quota

On 24 May 2022, the Indian Ministry of Finance through Notification No.30/2022-Customs announced a tariff-rate quota (TRQ) of 2 million metric tonnes of crude soyabean oil (HS 1507.10) and crude sunfl...

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Internal taxation of imports

On 24 May 2022, the Indian Ministry of Finance through Notification No.30/2022-Customs announced an exemption from a 20% Agriculture Infrastructure and Development Cess on the imports of 2 million met...

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