The Indian Vegetable Oil Producers’ Association (IVPA) has urged the government to lift restrictions on Goods and Services Tax (GST) refunds for the vegetable oil sector, arguing that the policy hampers liquidity, disrupts trade flows, and weakens the competitiveness of domestic players. With India being the world’s largest importer of edible oils, the industry body contends that such restrictions create distortions in pricing and undermine the value chain at a time when global volatility is already impacting costs.