Breaking News-RTRS-Indian trade body calls for import tax on veg oils

NEW DELHI, June 24 (Reuters) - India, the world's biggest vegetable oil buyer after China, should tax imports of cooking fat to check a surge in overseas purchases, a leading trade body said on Wednesday.
"We have strongly recommended to the government to revisit the import duty structure," Ashok Sethia, president of the Solvent Extractors' Association of India (SEA), said in a statement.
The SEA said the government should slap an import tax of at least 20 percent on crude palm oil, 30 percent on RBD palmolein, 25 percent on crude soyoil.