Edible Oil News in English

Govt assessing option of dynamic duty after import cess hike in edible oils, triggered by low soyabean prices 

Govt assessing option of dynamic duty after import cess hike in edible oils, triggered by low soyabean prices .The government is believed to be assessing whether India should adopt dynamic duty structure to ensure imported oils do not get sold at any point of time below reasonable rates of domestically produced edible oils, after factoring the minimum support prices of oilseeds.

Govt assessing option of dynamic duty after import cess hike in edible oils, triggered by low soyabean prices .The government is believed to be assessing whether India should adopt dynamic duty structure to ensure imported oils do not get sold at any point of time below reasonable rates of domestically produced edible oils, after factoring the minimum support prices of oilseeds.

Source Link : https://www.thehindubusinessline.com/economy/agri-business/govt-assessing-option-of-dynamic-duty-after-import-cess-hike-in-edible-oils-triggered-by-low-soyabean-prices/article68670279.ece

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