Connect with:
Friday / October 7. 2022

Login/Logout Subscribe Newsletter E-Magazine

HomeAgroPolicyActs & Schemes – CentreIndia bans export of broken rice, imposes 20% duty on non-basmati rice exports

India bans export of broken rice, imposes 20% duty on non-basmati rice exports

The government has banned the export of broken rice and imposed a 20 per cent export duty on non-basmati rice, according to a government notification. The imposition does not include parboiled rice amid a fall in area under the paddy crop in the current kharif season.

According to the notification, certain consignments of broken rice will be allowed to be exported during the period September 9-15. It has been allowed keeping in view the consignments commenced before this notification, where the shipping bill is filed and vessels have already berthed or arrived and anchored on Indian ports and their rotation number has been allocated before this order.

‘Export Policy of broken rice …is amended from ‘Free’ to ‘Prohibited’,’ the Directorate General of Foreign Trade (DGFT) said in a notification dated September 8, 2022. The notification comes into effect from September 9, 2022. Provisions under the Foreign Trade Policy 2015-2020 regarding the transitional arrangement shall not be applicable to this notification, it added.

No comments

leave a comment