India bans the export of broken rice, after imposing a 20% export tax on non-basmati rice

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India bans the export of broken rice, after imposing a 20% export tax on non-basmati rice

India bans export of broken rice

New Delhi-

After imposing a 20 percent export duty on non-basmati rice, the government has banned the export of broken rice with the aim of increasing local availability, according to a government notification “The policy for exporting broken rice… has been modified from ‘free’,” the Directorate General of Foreign Trade (DGFT) said in a notice On September 8, 2022.

The notice is effective September 9, 2022.

It added that the provisions in the 2015-2020 Foreign Trade Policy relating to the transitional arrangement would not apply to this notification.

On Thursday, the government imposed a 20 percent export duty on non-basmati rice, excluding parboiled rice, to boost domestic supplies amid a reduction in the area of ​​the rice crop in the current Khareef season.

According to a notice from the Department of Revenue, a 20 percent export duty was levied on “rice husk (rice or raw)” and “husked (brown) rice.”

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