CBIC Amends Export Duty On Rice Variety

Date:

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.

export duty on Rice Variety

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.

Read More: Dumped Imports Injures Domestic Industry : Govt. Imposes Anti-Dumping Duty On Imports Of ‘Unframed Glass Mirror’ For 5 Years

Notification Details – Export Duty on Rice Variety

Notification No. 46/2024-Customs

Date: 22/10/2024

Read Notification

Mariya Paliwala
Mariya Paliwalahttps://jurishour.in/
Mariya is the Senior Editor at JurisHour. 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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