The tax rate of 5% for edible oils under the Goods and Services Tax regime will not impact their prices as currently also the commodity invites a similar tax rate. Edible oils are already attracting VAT of 5% and the govt has retained the same tax in GST and there will not be any impact on the prices. GST is likely to be rolled out from July 1, will subsume all indirect taxes. Govt kept edible oils at the lower end of the tax range of 0-28% under GST as of essential commodities.