As per the latest government notification, Indian Government has revised the tariff value for crude palm oil to US $669 (681)/T, RBD palm oil to US $ 710 (707), Crude and refined palmolein to 719 (739), 722 (742) (US dollar per metric tons) respectively. Tariff value is the base price at which the customs duty is determined to prevent under-invoicing. Values in bracket depict the last fortnight figures. Base import price for crude soybean oil sets at USD 792 per tons w.e.f from 13 February 2015.
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