MARKET DEVELOPMENT
Russia set 15 pc import tax for packaged palm oil
Russia set 15 pc import tax for packaged palm oil
17/11/05 (Agrimarket.info) - Decree of Russian government, dated October 13 this year "About Approval of the Rates of Import Customs Duties for Palm Oil" has entered into force.
According to the decree, the rates of customs duties for palm oil, packaged in crates, vats, canisters and cans with a net weight of 200 kilos or less, are set in the amount of 15 percent of customs value, but no less than 0.12 euro per kilo.
The rates of customs duties for the rest of the items have been left unchanged at the current level - 5 percent of customs value.