Tag: Import Duty

India: Govt raises edible oil tariff values, but lower exchange rate reduces import duty in rupee terms

Sep 17, 2026

—

by

prahlad@bigmint.co

in Edible Oil

Crude palm, soya oil tariffs rise by $5-6/MT, refined palm oil, palm olein by $4/MT Customs’ exchange rate cut to INR 95.25 from INR 96.50, reducing import duty India’s Ministry of Finance has revised tariff values for edible oils, effective 16 September 2026, through Notification No. 75/2026-CUSTOMS (N.T.) dated 15 September. The revision covers crude…