Government reduces agri cess on crude palm oil to 5 per cent

Feb 14, 2022

New Delhi [India], February 14 : With a view to provide relief to consumers from the sharp increase in the prices of edible oils,...

Industry body urges Centre to allow futures trading in crude palm, soybean oil

Nov 25, 2024

Edible oil industry body has once again requested the government to reconsider resuming futures trading in internationally traded commodities like crude palm oil and...

Centre reduces standard rate of duty on edible oils

Sep 11, 2021

New Delhi [India], September 12 : The Centre on Saturday reduced the standard rate of duty on crude palm oil, crude soyabean oil to...

Resume futures trading in crude palm and soybean oil: Industry body to SEBI

Sep 13, 2022

New Delhi [India], September 13 : Domestic edible oil industry body Solvent Extractors' Association of India requested financial market regulator SEBI to resume futures...

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...

Edible oil industry seeks higher duty difference between crude, refined palm oil

Nov 25, 2022

India is the world's second-largest consumer and number one vegetable oil importer, and it meets 60 per cent of its need through imports.