NEW DELHI : Centre has reduced the Basic Customs Duty (BCD) on crude edible oils namely crude sunflower, soyabean, and palm oils has been reduced from 20% to 10% resulting in the import duty differential
NEW DELHI : India is the world’s biggest vegetable oil importer and spends an average of $8.5-$10 billion annually on edible oil imports. India has cut import taxes on crude and refined soyoil and