Global Trade Alert
Global Trade Alert

India: Export duty on onion and import duty on edible oils amended

Announcement

13 Sep 2024

On 13 September 2024, the Indian Ministry of Finance increased the import duty on certain edible oils and reduced the export duty on onions.

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Number of interventions

2

1 certainly harmful

0 likely harmful

1 liberalising

List of interventions

2 in force

Implementation date

14 Sep 2024

Revocation date:

No revocation date

Export tax In force

On 13 September 2024, the Indian Ministry of Finance through Notification No. 43/2024-Customs reduced the export duty on onions (HS 0703.10) from 40% to 20%. The amendment is effective from 14 Septemb...

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Implementation date

14 Sep 2024

Revocation date:

No revocation date

Import tariff In force

On 13 September 2024, the Indian Ministry of Finance through Notification No. 43/2024-Customs increased the import duty on certain edible oils. Specifically, the import duty on crude soya-bean, palm, ...

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