THE SOLVENT EXTRACTORS' ASSOCIATION OF INDIA      

 

                    Edible & Non-edible Oils – Import  Duty  Structure

                                                    w.e.f. 1st April  2008

 

Edible O Edible Oil              Import Duty Structure
 

Crude Palm Oil & Crude Olein

 Duty     C.V.D.      Cess on      Edu. Cess   S.A.D. =  Effective
                              C.V.D.
Nil       +   Nil      +     Nil       +      Nil     +      Nil    =    Nil    
Vanaspati (Hydrogenated Fat) 7.5%  +   Nil      +     Nil       +      3%    +      4%   =    12.03% 
Crude Sunflower Oil Nil       +   Nil      +     Nil       +      Nil      +     Nil     =    Nil
Crude Rapeseed Oil Nil       +   Nil      +     Nil       +      Nil      +     Nil     =    Nil
Refined Palm Oil & RBD Palmolein 7.5%   +   Nil      +    Nil       +      3%     +     Nil     =    7.73% 
Refined Rapeseed Oil 7.5%   +   Nil      +    Nil       +       3%    +     Nil     =    7.73%
Refined Sunflower Oil &Other Oils 7.5%   +   Nil      +     Nil      +       3%    +     Nil     =    7.73% 
Refined Soybean Oil 7.5%   +   Nil      +     Nil      +       Nil     +      Nil     =   7.5%  
Degummed Soybean Oil Nil       +   Nil      +     Nil      +        Nil     +      Nil     =   Nil
Non-Edible Oil

10.0%  +   8%    +    2%    +      3%     +       4%   =  24.33%
Crude Palm Stearin
Crude Palm Kernel Oil 12.5%  +   Nil      +     Nil    +      3%     +       4%    =  17.3
Palm Fatty Acid Distilate(P.F.A.D.) 15.0%  +  14%   +    2%    +      3%     +       4%    =  37.65 % 
Palm Kernel Fatty Acid Distilate (P.K.F.A.D.) 15.0%  +  14%   +    2%    +      3%      +      4%    =  37.65 %
Spilt Palm Kernel Fatty Acid 15.0%  +  14%   +    2%    +      3%      +      4%    =  37.65 % 

Calculation of Duty  e.g.
RBD Palmolein.  :- Duty 7.5%, Edu. Cess 3% on 7.5% i.e. 0.23% 
Total Effective Duty : 7.5% + 0.23% = 7.73%
P.F.A.D. :  Duty  15%
                 C.V.D. @14% on 115% ( CIF Price + Duty 15%) = 16.1%
                 Cess on C.V.D. @ 2% on 16.1% = 0.32%
                 Edu. Cess @ 3% on Duty + C.V.D. + Cess on C.V.D. i.e. 15% + 16.1% + 0.32% = 0.94%
                 S.A.D. @ 4% on Duty + C.V.D. + Cess on C.V.D. + Edu. Cess
                 i.e. 115% + 16.1% + 0.32% + 0.94% = 5.29%
                Total Effective Duty : 15% + 16.1% + 0.32% + 0.94% + 5.29% = 37.65%

                 Date : 1st April,  2008

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 THE SOLVENT EXTRACTORS' ASSOCIATION OF INDIA      

 

                    Edible & Non-edible Oils – Import  Duty  Structure

                                                    w.e.f. 20th March  2008

  • Edible O Edible Oil

                 Import Duty Structure

     

     

    Crude Palm Oil & Crude Olein

    Duty     C.V.D.      Cess on      Edu. Cess     S.A.D.    =  Effective

                                    C.V.D.

    20%   +   Nil      +     Nil         +       3%  +        Nil        =    20.6%

       

    Vanaspati (Hydrogenated Fat)

    80%   +   Nil      +     Nil         +       3%  +        4%        =    89.6% 

     

    Crude Sunflower Oil

    20%   +   Nil      +     Nil         +       3%  +        Nil        =    20.6%

     

    Other Crude Edible Oil for

    Vanaspati & Refiners

    90%   +   Nil      +     Nil         +       3%  +        Nil        =    92.7% 

    Refined Palm Oil &

    RBD Palmolein

    27.5%  +   Nil     +     Nil        +       3%  +        Nil        =    28.33% 

    Refined Rapeseed Oil

    27.5%   +   Nil    +    Nil         +       Nil  +        Nil        =    28.33%

     

    Refined Sunflower Oil &

    Other Oils

    27.5%   +   Nil    +     Nil        +       3%  +        Nil        =    28.33% 

    Refined Soybean Oil

    45%   +   Nil      +     Nil         +       Nil  +        Nil        =     45%  

     

    Degummed Soybean Oil

    40%   +   Nil      +     Nil         +       Nil  +        Nil        =     40%

     

    Non-Edible Oil

     

     

    10.0%  +  8%     +     2%       +      3%  +        4%       =     24.33%

     

    Crude Palm Stearin

    Crude Palm Kernel Oil

    12.5%  +   Nil      +     Nil       +      3%  +        4%       =     17.37%

     

    Palm Fatty Acid Distilate

    (P.F.A.D.)

    15.0%  +  14%   +    2%      +      3%  +        4%        =    37.65 % 

    Palm Kernel Fatty Acid

    Distilate (P.K.F.A.D.)

    15.0%  +  14%   +    2%       +      3%  +        4%        =    37.65 %

     

    Spilt Palm Kernel Fatty Acid

    15.0%  +  14%   +    2%       +      3%  +        4%        =    37.65 %

  • Note: 1. Indian Government has issued Notification dated 16th November 2001 thereby loweringImport duty for fixed quantity of 1,50,000 tons for import of Crude Sunflower Oil and    Safflower Seed Oil  @ 50%  and  for Refined Rapseed Oil @ 45%.

    •

            Calculation of Duty  e.g.

            C.P.O.  :- Duty 20%,Edu. Cess 3% on 20% i.e. 0.6% 

            Total Effective Duty : 20% + 0.6% = 20.6%

            P.F.A.D. :  Duty  15%

                              C.V.D. @14% on 115% ( CIF Price + Duty 15%) = 16.1%

                              Cess on C.V.D. @ 2% on 16.1% = 0.32%

                              Edu. Cess @ 3% on Duty + C.V.D. + Cess on C.V.D. i.e. 15% + 16.1% + 0.32% = 0.94%

                              S.A.D. @ 4% on Duty + C.V.D. + Cess on C.V.D. + Edu. Cess

                  i.e. 115% + 16.1% + 0.32% + 0.94% = 5.29%

                              Total Effective Duty : 15% + 16.1% + 0.32% + 0.94% + 5.29% = 37.65% 

  •                  Date : 20th March, 2008

  • ---------    ------------------------------------------------------------------------------------------------------------------------

    •

                            Edible & Non-edible Oils – Import Duty Structure

                    w.e.f. 23rd July, 2007

     

    Edible Oil

                 Import Duty Structure

     

     

    Crude Palm Oil & Crude Olein

    Duty     C.V.D.      Cess on      Edu. Cess     S.A.D.    =  Effective

                                    C.V.D.

    45%   +   Nil      +     Nil         +       3%  +        Nil      =    46.35%

       

    Vanaspati (Hydrogenated Fat)

    80%   +   Nil      +     Nil         +       3%  +        4%     =    89.6% 

     

    Crude Sunflower Oil

    40%   +   Nil      +     Nil         +       3%  +        Nil      =    41.2%

     

    Other Crude Edible Oil for

    Vanaspati & Refiners

    90%   +   Nil      +     Nil         +       3%  +        Nil      =    92.7% 

    Refined Palm Oil &

    RBD Palmolein

    52.5%  +   Nil     +     Nil        +       3%  +        Nil      =    54.08% 

    Refined Rapeseed Oil

    75%   +   Nil      +     Nil         +       Nil  +        Nil       =    75%

     

    Refined Sunflower Oil &

    Other Oils

    50%   +   Nil      +     Nil         +       3%  +        Nil      =    51.5% 

    Refined Soybean Oil

    45%   +   Nil      +     Nil         +       Nil  +        Nil       =     45% 

     

    Degummed Soybean Oil

    40%   +   Nil      +     Nil         +       Nil  +        Nil       =     40%

     

    Non-Edible Oil

     

     

    10.0%  +   8%      +     2%       +      3%  +        4%   =   24.33%

     

    Crude Palm Stearin

    Crude Palm Kernel Oil

    12.5%  +   Nil      +     Nil       +      3%  +        4%      =     17.37%

     

    Palm Fatty Acid Distilate

    (P.F.A.D.)

    15.0%  +  14%     +    2%       +      3%  +        4%    =   37.65 %  

    Palm Kernel Fatty Acid

    Distilate (P.K.F.A.D.)

    15.0%  +  14%     +    2%       +      3%  +        4%       =  37.65 %

     

    Spilt Palm Kernel Fatty Acid

    15.0%  +  14%     +    2%       +      3%  +        4%       =  37.65 %

     

    Oilseeds

     

     

    30%     +    Nil      +   Nil       +       3%  +       4%        =    36.1%

    Oilseeds

    Oil bearing Materials

    15%     +    Nil      +   Nil       +       3%  +       4%       =    20.05%

     

     

    Calculation of Duty  e.g.

    C.P.O.:     Duty 50%, Edu. Cess 3% on 50% i.e. 1.5% Total Effective Duty: 50% + 1.5% = 51.5%

    P.F.A.D.:  Duty 15%

                    C.V.D. @14% on 115% (CIF Price + Duty 15%) = 16.1%

                    Cess on C.V.D. @ 2% on 16.1% = 0.32%

                    Edu. Cess @ 3% on Duty + C.V.D. + Cess on C.V.D. i.e. 15% + 16.1% + 0.32% = 0.94%

                    S.A.D. @ 4% on Duty + C.V.D. + Cess on C.V.D. + Edu. Cess

                    i.e. 115% + 16.1% + 0.32% + 0.94% = 5.29%

                    Total Effective Duty: 15% + 16.1% + 0.32% + 0.94% + 5.29% = 37.65%

     

    Update: 29th Feb., 2008

     -----------------------------------------------------------------------------------------------------------------

    Reduction in Import Duty on Edible Oils               

    Ministry of Finance Vide Notification No.87/2007-Cus. Dt. 23.07.2007 & Corrigendum on 25.07.2007
    have reduced the customs duty  on edible oils as per details given below:

    SR. No.

    Oils

    Existing
    before 23.7.07

    Revised

    on

    23.07.07    

    Revised

    on

    25.07.07    

    Effective duty 

    w.e.f.

    23.07.07   

    1.

    Soybean Crude/Refined

    45%

    40%          

    40%          

    40%          

    2.

    Crude Palm Oil

    50%

    40%          

    45%          

    46.5%        

    3.

    RBD Palmolein

    57.5%

    52.5%      

    52.5%      

    54.08%    

    4.

    Crude Sunflower Oil

    50%

    40%        

    40%        

    41.2%       

    5.

    Refined Sunflower Oil

    60%

    40%       

    50%       

    51.5%    

     

    Update: 25th July, 2007
    ------------------------------------------------------------------------------------------------------

               

    Reduced the customs duty on Palm Group Oil by 10% across the board

                                                 

    Ministry of Finance  has issued a Notification No.58/2007-Customs dt. 13.04.07 thereby reduced the customs duty on Palm Group Oil by 10% across the board. The Crude Palm Oil (CPO) duty has reduced to 50% from 60% , where as RBD Palmolein duty has reduced to 57.5 % from 67.5%. Effective duty for CPO and RBD Palmolein  would be as under,

     

                                                REVISED  IMPORT  DUTY

     



    Crude Palm Oil

    Duty            Edu.Cess              =     Eeffective

    50%      +    @ 3% = 1.5%       =     51.5 %       

     

    RBD Palmolein

     

    57.5%   +    @ 3% = 1.73 %   =     59.23 %

              

     

    Update: 16th April, 2007
    ------------------------------------------------------------------------------------------------------

    Revision  of  Import  Duty  Structure For Edible & Non-edible Oils w.e.f. 1st March 2007

     Edible  Oil

    Upto 28th February  2007
     

    From 1st March  2007 (Revised)

     

    Duty        Edu. Cess       S.A.D.    =     Effective
     

    Duty        Edu. Cess       S.A.D.     =     Effective
    Crude Palm Oil & Crude Olein 60%     +        2%        +        4%      =        67.6%  60%     +         3%        +     Nil      =      61.8%
    Vanaspati (Hydrogenated Fat) 80%     +        2%        +        4%      =        88.8% 80%     +         3%        +     4%    =      89.6%
    Crude Sunflower Oil 65%     +        2%        +        4%      =        72.9% 50%     +         3%        +     Nil      =      51.5%
     
    Other Crude Edible Oil for Vanaspati & Refiners 90%     +        2%        +        4%      =        99.4% 90%     +         3%        +     Nil      =      92.7%
    Refined Palm Oil & RBD Palmolein 67.5%  +        2%        +        4%      =        75.6% 67.5%  +         3%        +     Nil      =      69.53%
    Refined Rapeseed Oil 75%     +       Nil         +        4%        =         82 % 75%     +         Nil         +     Nil     =       75%
     
    Refined Sunflower Oil & Other Oils 75%    +        2%         +        4%       =         83.5 % 60%     +         3%        +     Nil     =       61.8%
    Refined Soybean Oil 45%     +       Nil         +        4%        =         50.8% 45%     +         Nil         +    Nil       =       45%
     
    Degummed Soybean Oil 45%     +       Nil         +        4%        =         50.8% 45%     +         Nil         +    Nil        =       45%
     
     Non-edible Oil Duty     C.V.D.    Cess on  Edu.   S.A.D. =  Effective
                              C.V.D.      Cess    		 Duty     C.V.D.  Cess on    Edu.  S.A.D. =  Effective
                                  C.V.D.      Cess
    Crude Palm Stearin
         		 12.5%  + Nil  +    Nil    +     2%  +   4%   =    17.25% 12.5%  + Nil  +    Nil    + 3%  + 4%  =   17.37%
    Crude Palm Kernel Oil
         		 12.5%  + Nil  +    Nil    +     2%  +   4%   =    17.25% 12.5%  + Nil  +    Nil    + 3%  + 4%  =   17.37%
    Palm Fatty Acid Distilate
    (P.F.A.D.)    		 15.0%  + 16% +  2%  +     2%  +   4%   =    39.83% 15.0%  + 16%  + 2%  + 3%  + 4%  =   40.17%
    Palm Kernel Fatty Acid
    Distilate(P.K.F.A.D.)    		 15.0%  + 16%  +  2%  +    2%  +   4%   =    39.83% 15.0%  + 16%  + 2%  + 3%  + 4%  =   40.17%
    Spilt Palm Kernel Fatt Acid 15.0%  + 16%  +  2%    +  2%  +   4%   =    39.83% 15.0%  + 16%  +  2%  + 3%  + 4%  =  40.17%

     Calculation of Duty  e.g.

     C.P.O.    :- Duty 60% , Edu. Cess 3% on 60% i.e. 1.8% 
                       Total Effective Duty : 60% + 1.8% = 61.8%

     P.F.A.D    . :- Duty  15%
                       C.V.D. @16% on 115% ( CIF Price + Duty 15%) = 18.4%
                       Cess on C.V.D. @ 2% on 18.4% = 0.37%
                       Edu. Cess @ 3% on Duty + C.V.D. + Cess on C.V.D. i.e. 15% + 18.4% + 0.37% = 1.01%
           S.A.D. @ 4% on Duty + C.V.D. + Cess on C.V.D. + Edu. Cess i.e. 115% + 18.4% + 0.37% + 1.01% = 5.39%
           Total Effective Duty : 15% + 18.4% + 0.37% + 1.01% + 5.39% = 40.17%

            U