India reduces import duty on crude palm oil
By Shakir Husain NEW DELHI: The Indian government has reduced its import duty on crude palm oil (CPO) from 15 per cent to 10 per cent amidst the high domestic edible oil prices. The new tax rate will be effective from June 30 to Sept 30, 2021, according to a notification on Tuesday. The effective […]
Import duty, sales tax exemption on face masks for domestic market
KUALA LUMPUR: The Ministry of Finance (MOF) has approved the import duty and sales tax exemption on face masks for the domestic market. The government is cognisant of the difficulties faced by the rakyat in obtaining face masks due to the sharp rise in demand, said its Minister, Tengku Datuk Seri Zafrul Abdul Aziz. “The […]
