<p>Mumbai: India will allow the import of edible oils at lower import tax rates until March 2025, according to a government order seen by <em>Reuters</em> on Friday, as the world's biggest importer of vegetable oil moves to keep a lid on local prices.</p><p>The lower import duty structure on crude palm oil, crude sunflower oil and crude soy oil was originally set to expire in March 2024. </p><p>However, as per the order, refiners can now continue to import at lower duties until March 2025.</p>
<p>Mumbai: India will allow the import of edible oils at lower import tax rates until March 2025, according to a government order seen by <em>Reuters</em> on Friday, as the world's biggest importer of vegetable oil moves to keep a lid on local prices.</p><p>The lower import duty structure on crude palm oil, crude sunflower oil and crude soy oil was originally set to expire in March 2024. </p><p>However, as per the order, refiners can now continue to import at lower duties until March 2025.</p>