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Legal Central Ministry of Consumer Affairs, Food and Public Distribution Essential Commodities Act, 1955

Reduction in agr-cess for Crude Palm Oil from

14-Feb-2022 | PIB Release

The Ministry of Consumer Affairs, Food & Public Distribution has issued reduces agri-cess for Crude Palm Oil (CPO) from 7.5% to 5% with effect from 12th February, 2022. Reduction in agri-cess, the increase in the gap between the CPO and Refined Palm Oil will benefit the domestic refining industry to import Crude Oil for refining. Further, the prices of edible oils is to extend the current basic rate of import duty of zero percent on Crude Palm Oil, Crude Soyabean oil and Crude Sunflower Oil upto 30th September, 2022. The rate of import duty on Refined Palm Oils at 12.5%, Refined Soyabean oil and Refined Sunflower Oil at 17.5% will remain in force up to 30th September, 2022.

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