import tax on edible oils raised the hindu businessline
Import tax on edible oils raised - The Hindu BusinessLine
The Centre has raised the import duty on crude palm oil to 30 per cent from 15 per cent and on refined oil to 40 per cent from 25 per cent in a bid to curb cheaper shipments and boost local prices
India s edible oil imports rise 3% in FY26 on Nepal duty-free surge
India s edible oil imports rose 3 per cent to 166.51 lakh tonnes in the 2025-26 fiscal year, driven largely by a sharp jump in duty-free imports from Nepal, industry body Solvent Extractors
Import duty hike in edible oils fails to spur domestic oilseeds prices
The government will have to be cautious in further raising the import duty on edible oils after it was hiked in September last year as domestic prices of soyabean and groundnut have fallen from levels when dutyfree import was allowed, experts said.
Hike in edible oils import duty cheers oil palm farmers
The recent increase in duties on the import of crude and refined edible oils has resulted in an increase of about ₹2,500 on every tonne of an FFB (Fresh Fruit Bunch) of oil palm, bringing cheers to thousands of farmers in the country. The price, which used to be about ₹14,390 before the increase in import duty, rose to over ₹17,000, a rise of ₹2,610. Though the increase in prices
Soaps, cosmetics, edible oils to get costlier after hike in palm oil
The recent hikes in import duties on crude and refined edible oils by the Indian government will push up the prices of some fast moving consumer products such as soaps, personal care products, and snacks, as well as edible oils. Companies such as Hindustan Unilever (HUL), Britannia and Nestle will have to raise prices by 1.6-2.5 per cent and edible oils companies by 20 per cent to protect
India hikes edible oil import tax on palm, soyabean, and sunflower oil
India has raised the basic import tax on crude and refined edible oils by 20 percentage points, the government said on Friday, as the world s biggest edible oil importer tries to help protect
Increase in import duty on edible oil to help farmers ... - The Hindu
Union Minister Shivraj Singh Chouhan supports increased import duty on edible oils, benefiting farmers and controlling prices.
India sharply raises import tax on edible oils to support farmers
India has raised the basic import tax on crude and refined edible oils by 20 percentage points, the government said on Friday, as the world s biggest edible oil importer tries to help protect
India raises import tax on edible oils - The Economic Times
India has increased the basic import tax on crude and refined edible oils by 20 percentage points to support local oilseed farmers. This change will raise the total import duty on these oils, potentially increasing prices and reducing demand for imports of palm oil, soyoil, and sunflower oil.
Rise in edible oil prices due to customs duty hike hits traders
The increase in the basic import tax on crude and edible oils by 20% had caused a sudden increase in the prices of oils in retail shops. This might increase the prices of food items in eateries