GSTnews item16 September 2015

Government mulls import duty hike on edible oil

News Update

Government mulls import duty hike on edible oil

Published Date: Sep 17, 2015
Source: ICAI PD Committee
Amid demands for hike in import duty on edible oil to protect the domestic industry, Finance Ministry today discussed a proposal to raise the levy. Revenue Secretary Hasmukh Adhia today held a meeting with officials from the departments of commerce and consumer affairs, but no decision could be taken, sources said, adding that there would be more meetings on the subject.
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Government mulls import duty hike on edible oil