Indias food ministry has said that concessional import duties on specified edible oils will be in place till March 2023. This decision was taken on August 31, 2022 by the Central Board of Indirect Taxes and Customs (CBIC) in order to boost domestic supply and keeping retail prices under control. The concessional customs duty on edible oil import has been extended by another 6 months.Powered by Commodity Insights
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