Centre halves basic customs duty on imported crude edible oils to 10%

The reduction is also aimed at incentivising the refining of crude edible oils in India by widening the import duty differential between crude and refined oils from 8.75% to 19.25% and making crude edible oil imports easier than the imports of refined products.

source https://www.livemint.com/industry/centre-halves-basic-customs-duty-bcd-imported-crude-edible-oils-10-11749660311147.html

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