Centre Slashes Customs Duty on Crude Edible Oils to Cool Soaring Prices
In a major move to provide relief to households ahead of the upcoming festival season, the Central Government has slashed the Basic Customs Duty (BCD) on crude edible oils like crude sunflower, soybean, and palm oils from 20% to 10%. This change narrows the import duty gap between crude and refined edible oils from 8.75% […]