Govt waives duty on export of 1,000 tonnes of kalanamak rice

The government lifted duty on Kalanamak rice, facilitating up to 1,000 tonnes exports via specified customs stations. This waiver, effective immediately, was previously taxed at 20% on overseas shipments. The Finance Ministry's notification outlin...

Agencies
The government has removed duty on the Kalanamak variety of rice for exports of up to 1,000 tonnes through six specified customs stations. The duty on overseas shipments of Kalanamak rice was 20 per cent.

According to a notification by the Finance Ministry, the duty waiver on the export of up to 1,000 tonnes of this variety of rice will come into effect from Wednesday.

The Directorate General of Foreign Trade (DGFT) on Tuesday had allowed exports of up to 1,000 tonnes of Kalanamak rice through specified customs stations.


Kalanamak is a variety of non-basmati rice, exports of which were earlier prohibited.

Exports of this variety of rice are allowed through six customs stations - Varanasi Air Cargo; JNCH (Jawaharlal Nehru Customs House), Maharashtra; CH (customs house) Kandla, Gujarat; LCS (land customs station) Nepalgunj Road; LCS Sonauli; and LCS Barhni.
Download
The Economic Times Business News App
for the Latest News in Business, Sensex, Stock Market Updates & More.
Download
The Economic Times News App
for Quarterly Results, Latest News in ITR, Business, Share Market, Live Sensex News & More.
READ MORE
ADVERTISEMENT

READ MORE:

LOGIN & CLAIM

50 TIMESPOINTS

More from our Partners

Loading next story
Business News › News › Economy › Agriculture › Govt waives duty on export of 1,000 tonnes of kalanamak rice
Text Size:AAA
Success
This article has been saved

*

+