Trade and markets
 

Detail

Area
India
Commodity Group
Oilseeds, oils and meals
Commodity
All edible oils
Date
01/01/2013
Policy Category
Trade
Policy Instrument
Import policy
Description
Reinstated import duties on crude vegetable oils and changed method for calculating the base import price for crude palm oil and soyoil, now to be based on their actual value, thereby doubling the level of duties collected. Move aims to protect farmers and encourage domestic production.