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Home > Business > Reuters > Report

No new duty on vegoil imports, says govt

January 28, 2003 13:47 IST

India has dismissed a petition by a trade organisation to impose a 'safeguard duty' on edible oil imports, a government notification said.

"I refrain from making any recommendations for the imposition of safeguard duty on imports of vegetable oils (edible grade)," B K Mishra, director general (safeguards) in the finance ministry, said in an order issued over the weekend.

The Mumbai-based Solvent Extractors' Association of India had filed the application last year, requesting for unspecified 'safeguard duties' to protect domestic oilseed industry from excessive imports of edible oils.

Mishra said the association could not substantiate its claims.
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