India cuts import taxes on vegetable oils to calm prices

After the cuts, crude palm oil, soyoil and sunflower oil imports will be subject to a 24.75% tax in total, including a 2.5% base import duty and other taxes, while refined grades of palm oil, soyoil and sunflower oil would carry a 35.75% tax in total.

from Economy-News-Economic Times https://ift.tt/3tEYuH1
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