Govt announces new Edible Oil Tariffs

Jul 15: The Central Board of Indirect Taxes & Customs (CBIC), has reviewed the tariffs for the import of edible oils and set the new rates per metric tonnes.

Sl. No.Chapter/ heading/ sub-heading/tariff itemDescription of goodsTariff value(US $Per Metric Tonne)
(1)(2)(3)(4)
11511 10 00Crude Palm Oil622
21511 90 10RBD Palm Oil641
31511 90 90Others – Palm Oil632
41511 10 00Crude Palmolein647
51511 90 20RBD Palmolein650
61511 90 90Others – Palmolein649
71507 10 00Crude Soya bean Oil747

The principal notification was published in the Gazette of India, Extraordinary, Part-II, Section-3, Sub-section (ii), vide Notification No. 36/2001–Customs (N.T.), dated the 3rd August, 2001, vide number S. O. 748 (E), dated the 3rd August, 2001 and was last amended vide Notification No. 54/2020-Customs (N.T.), dated the 30th June, 2020, e-published in the Gazette of India, Extraordinary, Part-II, Section-3, Sub-section (ii), vide number S.O. 2154 (E), dated 30th June, 2020.

Come and Participate in the upcoming 24th Anniversary event of GLOBOIL, a much-awaited event in the Edible Oil and Agri Trade Industry which is being held on 30th October 2020 to 1st November 2020 at Taj, Goa. The hybrid event will have both Physical and Virtual Presence. For Event Participation, Tickets and other details