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: 17 Sep 2015 | Removal date: open ended
Still in force

Import tariff

 On 17 September 2015, the Indian Ministry of Finance through Notification No. 46/2015-Customs increased the import duty on crude edible oil from 7.5% to 12.5% and on refined edible oil from 15% to 20%. The tariff hike comes as imports of cheaper oil have increased and the government is concerned about creating a level field for more expensive domestic crops.
 
On 23 September 2016, the import duty on palm oil under HS 1511 was reduced from 12.5% to 7.5% for crude palm oil of edible grade, and from 20% to 15% for refined palm oil of edible grade (see related measure).
 
These duties were last increased 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.
151311 Crude oil
151319 Other
151321 Crude oil
151329 Other
1514 Rape, colza or mustard oil and fractions thereof, whether or not refined, but not chemically modified.
151411 Crude oil
151419 Other
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
151550 Sesame oil and its fractions
1516 Animal or vegetable fats and oils and their fractions, partly or wholly hydrogenated, interesterified, reesterified or elaidinised, whether or not refined, but not further prepared.
151620 Vegetable fats and oils and their fractions
217 Margarine & similar preparations
1517 Margarine; edible mixtures or preparations of animal or vegetable fats or oils or of fractions of different fats or oils of this Chapter, other than edible fats or oils or their fractions of heading 15.16.
151790 Other
345 Miscellaneous basic chemical products
1518 Animal or vegetable fats and oils and their fractions, boiled, oxidised, dehydrated, sulphurised, blown, polymerised by heat in vacuum or in inert gas or otherwise chemically modified, excluding those of heading 15.16; inedible mixtures or preparations of
151800 Animal or vegetable fats and oils and their fractions, boiled, oxidised, dehydrated, sulphurised, blown, polymerised by heat in vacuum or in inert gas or otherwise chemically modified, excluding those of heading 15.16; inedible mixtures or preparations of

Please report this page in case you detect an inaccuracy in its content.