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Centre exempts non-basmati white rice from export duty, cuts levy on parboiled rice – Cash My Currency- Financial Updates | Business Blog Post | Financial Guest Posting Services

Centre exempts non-basmati white rice from export duty, cuts levy on parboiled rice

Centre exempts non-basmati white rice from export duty, cuts levy on parboiled rice

Image used for representative purpose only.
| Photo Credit: The Hindu

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%.

Explained | Understanding curbs on rice exports

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

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

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