SEA urges govt to hike import duty on mustard, sunflower oil.

The Solvent Extractors Association of India has urged the government to raise the import duty on crude sunflower and mustard oil from the current 12.5% to 17.5%, in line with crude soybean oil. The association has requested the government to further increase the import duty on refined soybean, sunflower and mustard seed oil to 25% from the current 20%, in line with the refined, bleached and de-odorised palmolein. The SEA has also urged the government to further increase the duty to discourage import of refined oils and to support domestic refining industry and improve the capacity utilisation in the country.