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Crude palm oil\: Tax cut to push up imports from Malaysia | Hellenic Shipping News Worldwide - Vimarsana News

Crude palm oil\: Tax cut to push up imports from Malaysia | Hellenic Shipping News Worldwide

After the Centre reduced the basic import duty on crude palm oil (CPO) from 37.5 per cent to 27.5 per cent last month, the Malaysian government announced that it will start imposing export tax on CPO at 8 per cent with effect from January 2021. Indonesia, a major CPO exporter, had also increased its export ...