Ahead of festivals, Centre cuts import duty on edible oils
The BCD on crude sunflower oil has been reduced from 10% to nil, while the BCD on crude soybean oil and crude palm oil has been reduced from 10% to 5%. The Union government on Thursday (September 24, 2026) reduced the Basic Customs Duty (BCD) on major imported crude edible oils, including palm oil. A…
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