MUMBAI, Dec 16 (Reuters) – India raised The backside import prices of crude palm oil and soyoil, gold and silver, The federal authorities said in A press launch late on Thursday, as prices jumped On the earth market.

The authorities revises base import prices of edible oils, gold and silver every fortnight, and The prices are used to calculate The quantity of tax an importer Should pay.

India is the world’s largest importer of edible oils and silver and the second-largest shopper of gold.

Base prices for all commodities are in $ per tonne, Aside from gold and silver. The gold tariff is in $ per 10 grams and silver in $ per kg.

Reporting by Rajendra Jadhav; modifying by Uttaresh.V

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