January 17, 2013 2:36 PM

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CCEA nod for defreezing tariff values all edible oils; new notification as per int'l prices

The Cabinet Committee on Economic Affairs has approved to defreeze the tariff values of all edible oils and notify their tariff values on the basis of their prevailing international prices. An official statement said, alignment of notified tariff values with international prices will have a positive impact on the duty collected from import of edible oils and will provide an even-field to the domestic refining industry.

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