India Exempts Non-Basmati Rice From Export Duty

Share:    

Sep 28, 2024 10:22

India has removed export duty on non-basmati white rice and reduced duty on other rice varieties like parboiled and paddy. This move aims to boost rice exports.
India Exempts Non-Basmati Rice From Export Duty
Photograph: Francis Mascarenhas/Reuters
New Delhi, Sep 28 (PTI) The government has exempted export of non-basmati white rice from customs duty.

In a notification issued late Friday, the revenue department also reduced export duty on parboiled rice, husked (brown rice), and rice in the husk (paddy or rough) to 10 per cent.


The export duty on these varieties of rice, as well as non-basmati white rice, was 20 per cent so far.

These duty changes are effective from September 27, 2024, the notification said.
Share:    

TODAY'S MOST TRADED COMPANIES

  • Company Name
  • Price
  • Volume

See More >

Moneywiz Live!