All posts tagged "import duty"
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892Edible Oil News in EnglishFood Sector In India Could Be Affected By Edible Oil Import Duty Increase: GlobalData
The Indian government's 20% increase in edible oil import duties aims to support local farmers but may lead to higher consumer prices...
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676Sugar News in EnglishBangladesh Trade and Tariff Commission proposes to reduce import duties on sugar to combat smuggling
The Bangladesh Trade and Tariff Commission has recommended reducing sugar import duties from 30% to 15% to curb smuggling and lower domestic...
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655Edible Oil News in EnglishIncrease in import duty on edible oil to have wide-ranging effects on food sector in India, says GlobalData
The Indian government’s 20% basic customs duty on crude edible oils, like sunflower, soybean, and palm oil, aims to support domestic farmers...
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924Edible Oil News in EnglishMandi prices of soybean rise on hike in import duty, likely to cross MSP as arrivals commence
Following a recent hike in import duties on edible oils, the mandi prices of soybean in India have risen by around ₹500...
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774Edible Oil News in EnglishEdible oil prices up 5-10 per cent, may rise further
The recent hike in import duties on crude and refined edible oils has led to a rise in retail prices of kitchen...
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657Edible Oil News in EnglishGlobal price decline in edible oil, new crop to cushion inflationary impact of import duty hike, economists say
The recent increase in import duties on edible oils, now at 20%, is unlikely to significantly impact domestic inflation. Economists anticipate that...
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688Edible Oil News in EnglishNITI Aayog calls for raising import duty on edible oil
NITI Aayog has proposed increasing import duties on edible oils and creating a significant duty gap between crude and refined oils to...
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603Maize News in EnglishAISMA raises issue of high maize prices; urges govt to reduce import duty to zero per cent
India’s All India Starch Manufacturers’ Association (AISMA) has called for urgent action on rising maize prices. In a letter to the DGFT,...
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670Maize News in EnglishImport duty should be reduced to zero instead of current 15% in case of maize to be imported under TRQ”
India faces a maize shortage, with production at 36 million metric tons (MMT) against a demand of 41 MMT, exacerbated by ethanol...
