![For FY24, the center eliminates soya oil’s duty-free imports](https://market-tracker.in/wp-content/uploads/2023/01/Soybean-Oil-e1642928529723-1424x802-1-1.jpg)
For FY24, the center eliminates soya oil’s duty-free imports
With effect for the 2023–24 fiscal year, the Union Commerce Ministry has discontinued duty-free imports of soyabean oil under the tariff rate quota (TRQ) regime. Sunflower oil imports, however, will continue to be duty-free under the TRQ system. According to the notification, imports of soyabean oil are still permitted under the TRQ till June 30….