Export duty on husk rice scrapped
Officials said the duty was scrapped after review of rice stocks. The exemption will be effective from April 11. The centre in September, 2022 had imposed an export duty of 20% on Rice in Husk (Paddy or Rough), Husked (Brown Rice) and Semi-milled ...

Officials said the duty was scrapped after review of rice stocks. The exemption will be effective from April 11.
The centre in September, 2022 had imposed an export duty of 20% on Rice in Husk (Paddy or Rough), Husked (Brown Rice) and Semi-milled or Wholly milled Rice.
This was done to lower prices of rice and to make stocks available for the domestic market.
The measures did not affect export of basmati or parboiled rice.
Finance Ministry had said that changes in India’s rice-export rules have helped keep a check on domestic prices without reducing the availability for exports.
The Economic Times Business News App for the Latest News in Business, Sensex, Stock Market Updates & More.
The Economic Times News App for Quarterly Results, Latest News in ITR, Business, Share Market, Live Sensex News & More.