Govt extends zero import duty & agri-cess exemption on masur dal till March 2025The Indian government has extended the zero import duty on masur dal (lentil) until March 2025 to maintain a stable supply and control dome...
22 Dec, 2023, 08.43 PM IST
Govt slashes import duty, agri and infra cess on LPG import to nilThe Finance Ministry in a notification said that imports of LPG, liquified propane and liquified butane have been fully exempted from Agric...
01 Sep, 2023, 12.58 PM IST
Hike duty on edible oils to arrest price fall: FMCG companiesThey said the production of edible oils in the domestic as well as international market is ample and that if the government does not increa...
09 Feb, 2023, 01.12 AM IST
Oilseeds industry urge government to increase import duty on oils after DiwaliThe import duty on crude varieties of palm oil, soybean oil and sunflower oil is currently zero. However, after taking into account 5% agri...
20 Oct, 2022, 07.10 PM IST
Food ministry extends concessional import duties on edible oils till March 2023"The concessional customs duty on edible oil import has been extended by another 6 months, which means that the new deadline will now be Ma...
02 Oct, 2022, 03.19 PM IST
6-month extension for concessional customs duty on imported edible oil; March 2023 is new deadlineIn the last few months, the food ministry had directed edible oil companies to pass on the benefits of fall in global prices to domestic co...
01 Sep, 2022, 08.01 PM IST
Center reduces agri-cess from crude palm oil to check edible oil prices"Post reduction of the agri-cess, the import tax gap between CPO and Refined Palm Oil has increased to 8.25%, " it said in a statement. It ...
14 Feb, 2022, 07.03 PM IST
Effective import duty on crude palm oil cut to 5.5% to cool edible oil pricesThe effective import duty on crude palm oil will now come down to 5.5 per cent, from 8.25 per cent, after taking into account agri developm...
13 Feb, 2022, 01.19 PM IST
Govt scraps basic customs duty, cuts agri cess on crude palm, soyabean and sunflower oilThe duty cuts will be effective from October 14 and will remain in force till March 31, 2022, the Central Board of Indirect Taxes and Custo...
13 Oct, 2021, 04.29 PM IST
Government further cuts custom duties on edible oils to check prices in festive seasonThe custom duties have been reduced on both crude and refined variants of these three cooking oils, according to a release by the Consumer ...
11 Sep, 2021, 08.45 PM IST
Cess introduced in budget will boost states' agri infra: GovtThe agri cess introduced in the Union Budget 2021-22 will finally go towards boosting APMC mandis and related farming infrastructure, all o...
16 Feb, 2021, 07.55 PM IST
Budget 2021: Spending boost to lift pandemic-hit economy, new cess to finance agri infraThe Budget for the fiscal year beginning April made no changes in personal or corporate tax rates but raised customs duties on certain auto...
01 Feb, 2021, 10.59 PM IST
No cut in excise duty on petrol, diesel; tweak in rates to accommodate agri cessBesides the tweak, the Budget proposed monetisation of oil and gas pipelines of gas utility GAIL and oil refiners Indian Oil Corporation (I...
01 Feb, 2021, 08.45 PM IST
Will the new Agriculture Infrastructure & Development Cess affect common man?The Finance Minister has presented the budget, which overall did not seem to touch the middle class in any major way. There was an Agricult...
01 Feb, 2021, 07.58 PM IST
Govt proposes 10% hike in farm loan target for FY22; announces agri infra development cessThe minister also proposed higher allocation for Rural Infrastructure Development Fund and Micro Irrigation Fund, and extended Agriculture ...
01 Feb, 2021, 03.52 PM IST
OMC shares hit by agri cess on fuel; fineprint shows zero impact“This is madness! Farm cess of Rs 2.5 per litre on Petrol Rs 4 per litre on diesel and people thought no increase in taxes…,” said Sandip S...
01 Feb, 2021, 01.48 PM IST
Panel shuns sugar cess proposal to clear sugarcane duesThe GST Council-appointed GoM could look at the option of 1% agri cess on luxury goods that could be levied to deal with problems faced by ...
12 Jul, 2018, 06.14 AM IST