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Hike in the Export duty Rate on Edible Oils
Notification

 

Vide Notification No: 02/2014-Custom as effective from 20Th January 2014 Import duty on the edible oil has been increased to 10%. Prior to the issue of Notification the import duty on crude edible oil was 2.5% and on refined edible oil was 7.5%.The main purpose for the hike is to give support to the domestic industry and farmers.

 


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