Economy & Bankingv1 · 1 version
Edible Oils in India: Import Duties and the Oilseeds Mission
India has leaned on imports for more than half of its edible oil demand, so the customs duty on crude oils is the Centre's quickest lever on cooking-oil prices, while the oilseed missions work on home supply. On 24 September 2026 it cut the Basic Customs Duty on crude sunflower oil to nil and on crude soybean and palm oil to 5 percent, keeping a 19.25 percent gap over refined oils to protect domestic refiners.
Last updated 24 September 20265 min read
Latest update
New card: the Centre cut customs duty on crude sunflower oil to nil and on crude soybean and palm oil to 5 percent to cool cooking-oil prices, while keeping refined oil 19.25 percent dearer in duty to protect domestic refiners. The card also sets out India's import dependence and the two oilseed missions.
- edible oil
- Basic Customs Duty
- crude palm oil
- import duty
- NMEO-Oilseeds
- oilseeds
- food inflation
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