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No export ban on rice, traders can ship commodity after paying 20% duty: Commerce Ministry.
Oct 06, 2022

The commerce ministry said that there is no export ban on rice and the traders can ship the commodity after paying a 20% duty on Tuesday.
 
The government had banned exports of broken rice on September 8, 2022.
 
In a trade notice, the directorate general of foreign trade said it has received representations regarding rice (5% and 25% broken) where irrevocable letter of credit has been issued before September 8 is also being stopped at the ports.
 
'It is clarified in respect of normal rice that rice (5% and 25%) is already exempted as it is not broken rice but normal rice with permissible limits of broken rice as per standards. However, it will carry 20% duty,' PTI quoted it as saying.
 
The commerce ministry said that there is no export ban on rice and the traders can ship the commodity after paying a 20% duty on Tuesday.
 
The government had banned exports of broken rice on September 8, 2022.
 
In a trade notice, the directorate general of foreign trade said it has received representations regarding rice (5% and 25% broken) where irrevocable letter of credit has been issued before September 8 is also being stopped at the ports.
 
'It is clarified in respect of normal rice that rice (5% and 25%) is already exempted as it is not broken rice but normal rice with permissible limits of broken rice as per standards. However, it will carry 20% duty,' PTI quoted it as saying.
 

 

    
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  • Agricultural and Processed Food Products Export Development Authority (APEDA)
    (Ministry of Commerce & Industry, Govt. of India)

  • NCUI Building 3, Siri Institutional Area, August Kranti Marg, New Delhi - 110 016
    Phone : 91-11-41486013, 20863919, 20867008, 20867007