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REFINED BLEACHED AND DEODORISED
India keeps edible oil import duty lower until March 2025, imposes 50% export tax on molassesIndia has extended lower import duty on edible oil by a year until March 2025, extending the lower duty structure on crude palm oil, crude ...- India's December palm oil imports jump to 4-month highIndia's palm oil imports reached their highest in four months in December, driven by increased purchases of refined palmolein due to compet...
- Govt extends free import of tur, urad, refined palm oilIn a separate notification, the DGFT also extended till further notice, the free import of refined bleached deodorised palm oil and palmole...
- Govt allows free import of RBD palm oil, palmolein till Dec 31, 2021As per Solvent Extractors' Association of India, the country’s edible oil imports remained almost flat at 131.3 lakh tonne during the 2020-...
- India makes refined palm oil freely importable to bring down consumer prices; industry calls it a death knell for local refinersAccording to the Solvent Extractors Association (SEA), the reduction in import duty on crude palm oil is around $55/60 per tonnes or Rs 460...
- Govt removes import restrictions on refined palm oil till DecemberAccording to a notification of the Directorate General of Foreign Trade (DGFT), "import policy" of refined bleached deodorised palm oil, an...
- Commerce ministry for not extending safeguard duty on palm oil imports from MalaysiaThe Directorate General of Trade Remedies (DGTR) in August last year initiated a probe into an alleged jump in imports of 'Refined Bleached...
- Govt puts restrictions on import of refined palm oilThis will help India encourage import of more crude oils, facilitating better utilisation of the refining capacity of the domestic industry.
- Commerce ministry recommends 5% hike in duty on certain palm oil imports from MalaysiaImports from Malaysia increased from 6,26,362 MT in 2016-17 to 25,96,225 MT in Jan-June, 2019 thus showing an increase of 314%.
- India probes alleged jump in imports of palm oil from MalaysiaIf found that the jump in imports have impacted domestic players, the directorate would recommend safeguard duty on the palm oil.
- Duty cut boosts refined palm imports from MalaysiaIndonesia has traditionally been the largest supplier of palm to India.
- Budget 2015: Metal, mining firms may gain from consumption spike, says Vijay BhambwaniIncreased emphasis on toilets, homes for all and railways & roadways, consumption of metals are expected to spike over the next few quarter...
- State Trading Corp floats tender to buy 30,000 T palm oil for May deliveryState Trading Corp has issued a global tender to purchase 30,000 tonnes of refined palmolein for May delivery, the company said in a statem...
- Govt raises tariff value of refined palm oil to USD 1,053/tonThe government has increased the tariff value of refined palm oil to USD 1,053 per tonne from the earlier USD 484 in a bid to curb rising i...
- Edible oils up on wedding season demand; firm global cuesEdible oils rose at the oils and oilseeds market during the past week on wedding season buying amid a firming global trend.
- MMTC invites bids for import of 21,000 tonnes of RBD palmoleinState-owned trading firm MMTC has invited global bids for the import of 21,000 tonnes of RBD palmolein for sale in the domestic market.
- STC, PEC invite bids for import of 45,000 tonnes of palmoleinState-owned trading firms STC and PEC have invited bids for the import of 45,000 tonnes of RBD palmolein for sale in the domestic market.
- MMTC invites bids for import of 16,000 tonnes of edible oilThe last date for submitting bids is May 31 and a decision on awarding the contract will be taken on the same day, the company said.
- Govt extends Customs duty cut on palm oil till Dec 31: In a bid to check prices of essential commodities, the Government today extended 10 per cent customs duty cut on palm group of oils to tw...
- 'No decision on import duty on edible oils after Oct 1'The finance ministry said on Friday that no decision has been taken on import duty on edible oil after October 31, ’06.
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