Last Updated: September 24, 2026

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  • Tag: oil import duty

    Govt cuts crude sunflower oil import duty to nil, lowers soybean and palm oil duty to 5 pc

    New Delhi: The government on Thursday reduced the Basic Customs Duty (BCD) on major imported crude edible oils in an effort to moderate domestic prices, provide relief to consumers and contain inflationary pressures arising from rising global edible oil costs. Under the revised duty structure, the BCD on crude sunflower oil has been slashed from.