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June 11, 2025 10:36 PM

Centre slashes import duty on crude edible oils to ease prices

In a bid to curb rising edible oil prices, the Central Government has reduced the Basic Customs Duty (BCD) on major crude edible oils—sunflower, soybean, and palm—from 20% to 10%. This policy shift, effective immediately, increases the import dut...

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Last updated on: 24th April 2026

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