India will allow the import of edible oils at lower import tax rates until March 2025, as the world's biggest importer of vegetable oil moves to keep a lid on local prices. The lower import duty structure on crude palm oil, crude sunflower oil and crude soy oil was originally set to expire in March 2024. However, as per the order, refiners can now continue to import at lower duties until March 2025. Catch Manisha Gupta with more details
first published: Dec 22, 2023 01:11 pm
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