Commodity Central | Govt Cuts Import Duty On Edible Oil | Sandeep Bhan On The Implication | ET Now
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Sandeep Bhan, Sunvin Group, says India’s 10% import duty cut on crude edible oils (from 20%) will lower retail prices by ₹4-6/litre, boosting demand. The move, effective May 31, 2025, supports local refiners with a 19.25% duty differential, benefiting consumers and farmers.
Sandeep Bhan, Sunvin Group, says India’s 10% import duty cut on crude edible oils (from 20%) will lower retail prices by ₹4-6/litre, boosting demand. The move, effective May 31, 2025, supports local refiners with a 19.25% duty differential, benefiting consumers and farmers.
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Source : ET Now
