GSTnews item1 September 2022

Finance ministry extends concessional customs duty on edible oil imports by 6 months till March 2023

News Update

Finance ministry extends concessional customs duty on edible oil imports by 6 months till March 2023

Published Date: Sep 02, 2022
Source: ICAI PD Committee
The finance ministry has extended concessional customs duty on edible oil imports by another 6 months till March 2023, a move aimed at increasing domestic supply and keeping prices under control. In a notification, the Central Board of Indirect Taxes and Customs (CBIC) said the existing concessional import duties on specified edible oils will be extended up to March 31, 2023.
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