IMPLEMENTATION LEVEL

National

AFFECTED FLOW

Inflow

ANNOUNCED AS TEMPORARY

No

NON-TRADE-RELATED RATIONALE

No

ELIGIBLE FIRMS

all

JUMBO

No

TARIFF PEAK

No
← back to the state act
Inception date: 23 Jan 2013 | Removal date: 23 Dec 2014
Still in force

Import tariff

 On 23 January 2013, the Indian Ministry of Finance imposed import duties of 2.5% on crude edible oils (palm oil, soya oil, groundnut oil and the like). Following recent developments in the inflation levels and the reduction in imports costs of crude oil (mainly from Malaysia and Indonesia), the Ministry deemed it necessary to increase import duties in order to protect Indian farmers from a fall in price of these products. 
 
The Notification No. 02/2013-Customs was published in this regard.
 
The duties were increased further to 7.5% on 24 December 2014 (see related measure).
 

AFFECTED COUNTRIES

MAP
TABLE
EXPORT

AFFECTED SECTORS AND PRODUCTS

216 Vegetable oils
1507 Soyabean oil and its fractions, whether or not refined, but not chemically modified.
150710 Crude oil, whether or not degummed
1509 Olive oil and its fractions, whether or not refined, but not chemically modified.
150910 Virgin
150990 Other
1510 Other oils and their fractions, obtained solely from olives, whether or not refined, but not chemically modified, including blends of these oils or fractions with oils or fractions of heading 15.09.
151000 Other oils and their fractions, obtained solely from olives, whether or not refined, but not chemically modified, including blends of these oils or fractions with oils or fractions of heading 15.09.
1511 Palm oil and its fractions, whether or not refined, but not chemically modified.
151110 Crude oil
151190 Other
1512 Sunflowerseed, safflower or cottonseed oil and fractions thereof, whether or not refined, but not chemically modified.
151211 Crude oil
1513 Coconut (copra), palm kernel or babassu oil and fractions thereof, whether or not refined, but not chemically modified.
151319 Other
151321 Crude oil
1514 Rape, colza or mustard oil and fractions thereof, whether or not refined, but not chemically modified.
151411 Crude oil
151491 Crude oil
1515 Other fixed vegetable fats and oils (including jojoba oil) and their fractions, whether or not refined, but not chemically modified.
151519 Other
151590 Other

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