The Government of India has recently amended the export duty on specified varieties of rice, with immediate effect, under the Customs Act, 1962. Exercising its powers under sub-section (1) of section 25 of the Act, the Central Government has issued changes to the previous Notification No. 27/2011-Customs, dated March 1, 2011.
These changes are aimed at safeguarding public interest and regulating the export market of rice, which plays a key role in domestic food security and international trade. The amendment to this notification will impact the export duty on specific varieties of rice.
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In the said notification, 27/2011-Customs, dated March 1, 2011 in the TABLE,
(i) after S. No. 6, the following serial numbers and entries shall be inserted, namely:-
| (1) | (2) | (3) | (4) |
| “6A | 1006 10 90 | Rice in the husk ( paddy or rough ) | 10% |
| 6B | 1006 20 00 | Husked ( brown ) rice | 10% |
| 6B | 1006 30 10 | Rice, parboiled | 10%” |
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(ii) after S. No. 7, the following serial number and entries shall be inserted, namely:-
| (1) | (2) | (3) | (4) |
| “7A | 1006 30 90 | Semi-milled or wholly-milled rice, whether or not polished or glazed ( other than Parboiled rice and Basmati rice ) | Nil” |
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