Govt reduces import duty to rein in prices of edible oils https://ift.tt/eA8V8J

The government has reduced import duty on edible oils with immediate effect, which may cool down the prices of these key kitchen items. According to a finance ministry notification, the base import duty on crude palm oil has been reduced to 2.5% from 10%, while the tax on crude soyaoil and crude sunflower oil has been reduced to 2.5% from 7.5%.

from Times of India https://ift.tt/3z3rEAK