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of <h1>India Exempts Crude Sunflower & Soybean Oils from Customs Duty and Cess under TRQ Until March 2023.</h1> The Central Government of India, through Notification No. 30/2022-Customs, exempts crude sunflower oil and crude soybean oil from the whole of Basic Customs Duty (BCD) and Agriculture Infrastructure and Development Cess (AIDC) under a Tariff Rate Quota (TRQ) of 20 lakh metric tons per financial year. This exemption is valid for two years starting from May 25, 2022, and ending on March 31, 2023. The TRQ is allocated by the Directorate General of Foreign Trade and must be electronically debited in the ICES system.
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