Base Prices Fixed for Edible Oil Imports

16-Jan-2026 12:54 PM

New Delhi. The Central Board of Indirect Taxes and Customs (CBIC), a body under the Department of Revenue of the Union Ministry of Finance, has fixed the tariff value (basic import duty) for crude and refined edible oils of the palm category,

as well as crude degummed soybean oil, at Indian ports for the second half of the current month, i.e., the period from January 16 to 31, 2026.  It is noteworthy that customs duty on edible oils imported from abroad is levied based on this tariff value.

According to official data, the base import price for the period January 16-31, 2026, has been fixed at US$1075 per ton for crude palm oil, US$1084 per ton for RBD palm oil, and US$1080 per ton for other categories of palm oil.

Similarly, the tariff value for crude palmolein for the period under review has been fixed at US$1088 per ton, US$1091 per ton for RBD palmolein, and US$1090 per ton for other categories of palmolein.

In addition, the government has fixed the base import price for crude soybean oil at US$1173 per ton. Although crude sunflower oil is also imported into India on a large scale, no tariff value is fixed for it. The same applies to rapeseed/canola oil.

Palm oil/palmolein is mainly imported into India from Indonesia, Malaysia, and Thailand, while crude soybean oil is imported from Argentina and Brazil, and crude sunflower oil is imported from Russia, Ukraine, and Argentina.