Duty reduction on crude edible oils beneficial for both refiners, consumers: CareEdge

Jun 22, 2025

On May 30, 2025, the government announced a reduction in the Basic Customs Duty (BCD) on key imported crude edible oils -- Crude Palm...

Govt exempts duty on import of crude soyabean oil, sunflower seed oil

May 11, 2023

The nil customs rate will be applicable from May 11 till June 30.

Russia-Ukraine conflict may lead to shortage of 4-6 lakh tonnes of crude sunflower oil for India

Mar 31, 2022

New Delhi [India], March 31 : Disruptions caused by the ongoing Russia-Ukraine conflict is likely to lead to a supply shortfall of at least...

Central govt scraps customs duty on crude palm, soy, sunflower oil

Oct 14, 2021

New Delhi [India], October 14 : The Centre has scrapped customs duty on crude varieties of palm, soybean, and sunflower oil, the Minister for...

Centre allows duty free import of 20 Lakh MT crude soyabean, sunflower oil

May 25, 2022

New Delhi [India], May 25 : To provide required relief to consumers, the Central Government on Tuesday exempted customs duty and agriculture infrastructure development...

For sunflower oil refiners, volume to dip by 8-10 pc but operating margin likely to recover in FY25

May 05, 2024

Indian refined sunflower oil volumes are projected to witness a decline of 8-10 per cent in FY25 amid decline in demand of sunflower oil.