Increase in Base Import Values ​​for Edible Oils

17-Apr-2026 01:55 PM

New Delhi. Despite the prevailing bullish and firm sentiment in the domestic market, the Central Government has increased the base import values ​​(tariff values) for palm oil and soybean oil by $32–33 per tonne and $28 per tonne, respectively. The new base import values ​​will remain effective from April 16 to April 30.

According to a notification issued by the Central Board of Indirect Taxes and Customs, the base import value for Crude Palm Oil (CPO) has been fixed at $1,174 per tonne, for RBD Palmolein at $1,202 per tonne, and for Crude Degummed Soybean Oil at $1,252 per tonne for the period of April 16–30, 2026. These tariff values ​​have been raised in light of the prevailing high prices in the global market.

It is noteworthy that the government determines new base import values ​​every fortnight, and customs duties are levied based on these values.

An import duty of 16.50 percent is applicable to edible oils in the crude category, while a duty of 35.75 percent applies to refined edible oils. In India, RBD Palmolein constitutes the primary import within the refined edible oils category. No tariff value is prescribed for sunflower oil.