📢 Too many exams? Don’t know which one suits you best? Book Your Free Expert 👉 call Now!


    Question

    What is the total effective import duty on crude edible

    oils after the government's decision in 2025?
    A 27.5% including AIDC surcharge Correct Answer Incorrect Answer
    B 16.5% after BCD reduction to 10% Correct Answer Incorrect Answer
    C 35.75% for refined palm oil only Correct Answer Incorrect Answer
    D 20% Basic Customs Duty alone Correct Answer Incorrect Answer
    E 10% total with zero AIDC levy Correct Answer Incorrect Answer

    Solution

    Explanation: In June 2025, the government reduced Basic Customs Duty (BCD) on crude edible oils from 20% to 10%, resulting in total effective duty of 16.5% (BCD 10% + AIDC/SWS 6.5%).

    Practice Next
    ask-question