Govt cuts import duty on crude edible oils to 10 pc; move to cool prices, protect local industry, ETCFO
New Delhi, The Centre on Friday reduced the basic custom duty on crude palm oil, crude soyabean oil and crude sunflower oil to 10 per cent, a move aimed at bringing down the retail prices of cooking oils and protecting domestic processors. Earlier, the duty on these three crude edible oils was 20 per cent. […]