India Increases Import Duty on imports of RBD Palmolein/Palm Oil from Malaysia

Dated: 30.09.2019

Hike in Import Duty on imports of RBD Palmolein/Palm Oil fro Malaysia

India has increased the rate of duty of customs by 5 percent, for a period of 180 days, on imports of RBD Palmolein/Palm Oil originating in Malaysia and imported under India-Malaysia Comprehensive Economic Cooperation Agreement, on recommendation of preliminary findings of Directorate General of Trade Remedies under India-Malaysia Comprehensive Economic Cooperation Agreement (Bilateral Safeguard Measures) Rules, 2017.