Traders can import refined palm oil without licence till further orders

New Delhi: The government on Wednesday extended the facility of restriction free imports of refined palm oil beyond December 31, 2022 till further orders, a move aimed at increasing domestic supplies and bring down prices of cooking oils.

In June last year, the government removed import restrictions on refined palm oil till December 31, 2021 as prices of



edible oils had risen sharply. Later, it was extend till December 31, 2022.

"The free import policy of items (refined bleached deodorised palm oil, refined bleached deodorised palmolein) is extended beyond December 31, 2022 until further orders," the Directorate General of Foreign Trade (DGFT) said in a notification.