https://www.taxtmi.com/news?id=45454 A government cut in import duty on crude edible oils is expected to reduce retail cooking oil prices as wholesale markets soften; the change will also lower costs for refiners by widening the duty gap between crude and refined oil, improving refinery margins and capacity utilisation, and exerting downward pressure on domestically produced oils. en-us Mon, 02 Jun 2025 18:31:04 +0530 Mon, 02 Jun 2025 18:31:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=45454 A government cut in import duty on crude edible oils is expected to reduce retail cooking oil prices as wholesale markets soften; the change will also lower costs for refiners by widening the duty gap between crude and refined oil, improving refinery margins and capacity utilisation, and exerting downward pressure on domestically produced oils. News - Mon, 02 Jun 2025 18:31:04 +0530 https://www.taxtmi.com/news?id=45454