Legal update
Published
27 Sept 2026
Source date
26 Sept 2026
Government Reduces Basic Customs Duty on Major Crude Edible Oils
Why it matters
The Government has reduced the Basic Customs Duty on major imported crude edible oils, including sunflower, soybean, and palm oil. The reduction is aimed at moderating domestic prices, mitigating inflationary pressures, and extending relief to consumers.
Key points
- Basic Customs Duty has been cut on major imported crude edible oils.
- The reduction covers crude sunflower, soybean, and palm oils.
- The decision aims to lower domestic retail prices, assist consumers, and contain inflation.
What changed
The Basic Customs Duty levied on major imported crude edible oils has been lowered.
Who it affects
Households, consumers, and importers of crude edible oils.
Jurisdiction
India
Sources and original links
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