Central Govt. has allowed import of a quantity of 20 Lakh MT each of Crude Soyabean Oil & Crude Sunflower Oil per year for a period of 2 years at Nil rate of customs duty & Agricultural Infrastructure and Development Cess.

This will provided significant relief to the consumers.

In a bid to give relief from high edible oil prices to consumers, FinMinIndia has allowed import 20 Lakh MT each of Crude Soyabean Oil & Crude Sunflower Oil per year 2 yrs at Nil customs duty & Agricultural Infrastructure and Development Cess.

Radhika Goyal is Author of Taxconcept Gurugram head office, for deeply reported tax, gst and income tax articles on issues that matter. He splits her time between New Delhi and Bengaluru, and has worked...