The Central Board of Indirect Taxes And Customs (CBIC) has notified the amendment in export duty on Rice Variety.
In exercise of the powers conferred by sub-section (1) of section 25 of the Customs Act, 1962 (52 of 1962), the Central Government, on being satisfied that it is necessary in the public interest so to do, hereby makes the amendments in the notification of the Government of India in the Ministry of Finance (Department of Revenue), No. 27/2011- Customs.
No export duty shall be payable on rice in the husk (paddy or rough); Husked ( brown ) rice; and Rice, parboiled.
Earlier 10% export duty was payable on rice in the husk (paddy or rough); Husked ( brown ) rice; and Rice, parboiled.
Notification Details – Export Duty on Rice Variety
Notification No. 46/2024-Customs
Date: 22/10/2024
Mariya is the Senior Editor at Juris Hour. She has 5+ years of experience on covering tax litigation stories from the Supreme Court, High Courts and various tribunals including CESTAT, ITAT, NCLAT, NCLT, etc. Mariya graduated from MLSU Law College, Udaipur (Raj.) with B.A.LL.B. and also holds an LL.M. She started as a freelance tax reporter in the leading online legal news companies like LiveLaw & Taxscan.
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