Important Announcement – Export Duty on Rice Products
(Rice Millers / Exporters)
Implication / Effect – Adverse impact for Rice Millers / Exporters
Central Government has decided to levy Export Duty on certain articles at 20% vide their Customs Notification dated 08 September 2022.
The Second Schedule to Customs Tariff (Export Policy) - relevant details are as under:-
Sl No | HSN Code | Product Description | Export Duty |
01 | 1006 10 | Rice in the Husk (Paddy or Rough) | 20% |
02 | 1006 20 | Husked (Brown) Rice | 20% |
03 | 1006 30 90 | Semi-milled or wholly milled Rice, whether polished or glazed (Other than Parboiled Rice and Basmati Rice) | 20% |
Central Government has amended the Export Policy of Broken Rice in terms of DGFT Notification dated 08-09-2022. The details are as under: -
Sl No | HSN Code | Product Description | Export Duty |
01 | 1006 40 00 | Broken Rice only | Prohibited |
Both Notifications will be effective from 09-09-2022 (Immediate effect)
Only Consignments of Broken Rice (mentioned below) will be allowed to be exported during the period from 09-09-2022 till 15-09-2022. They are:
- where loading of Broken Rice on the ship has commenced before 08-09-2022
- where the shipping bill is filed, and vessels have already berthed or arrived and anchored in Indian ports and their rotation number has been allocated before this Notification (08-09-2022); The approval of loading in such vessels will be issued only after confirmation by the concerned Port Authorities regarding anchoring / berthing of the ship for loading of Broken Rice prior to the Notification (08-09-2022); and
- where Broken Rice consignment has been handed over to the Customs before this Notification (08-09-2022) and is registered in their system.
For any further clarification / inquiries in this regard, you can reach our following Subject Matter Experts (SMEs).