DGFT Amends Export Policy of Non-Basmati Rice

The Directorate General of foreign Trade (DGFT) has notified the amendment in export policy of non-basmati rice.

In exercise of powers conferred by Section 3 read with section 5 of the Foreign Trade (Development & Regulation) Act, 1992, the Central Government amended the Export Policy conditions under ITC (HS) Code 1006 30 90 under Chapter 10 of Schedule- II(Export Policy) of ITC (HS) 2022.

As per the existing policy the export of Non-Basmati White rice (Semi- milled or wholly milled rice, whether or not polished or glazed: Other) is free subjected to a Minimum Export Price of USD 490/tonne.

However, the export policy is amended and the condition Minimum Export Price of USD 490/tonne is removed and now the export of Non-Basmati White rice (Semi- milled or wholly milled rice, whether or not polished or glazed: Other) is free.

Read More: Non-Reporting Of Annual RODTEP Return Lead To Denial Of Benefits Under RODTEP Scheme: DGFT

Notification Details

Notification No .37/2024-25

Date: 23/10/2024

Click Here To Read  Notification

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Mariya Paliwala

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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