TRADE NOTICE NO.18/2022, DT. 04/10/2022
- Document type
- Circular
- Dated
- Category
- TRADE NOTICE 2022-2023
Issues related to Export Policy of Rice
Issues related to Export Policy of Rice
Reference is invited to Notification No. 31/2015-2020 dated 8th September, 2022 amending the export policy of Broken Rice under HS code 10064000 under Chapter 10 of Schedule — 2 of the ITC (HS) Export Policy from ‘Free’ to ‘Prohibited’ with immediate effect read with Trade Notices No. 17/2022-2023 dated 28th September, 2022.
2. Subsequently representations have been received regarding Rice (5% and 25%) where irrevocable letter of credit has been issued before 8th September, 2022 is also being stopped at the ports.
3. Accordingly, in supersession of Trade Notices No. 17/2022-2023 dated 28th September, 2022, it is clarified in respect of normal rice that–Rice (5% and 25%) is already exempted as it is not broken rice but normal rice with permissible limits of broken rice as per standards. However, it will carry 20% duty as per notification”.
4. This issues with the approval of Competent Authority.
(Ram Paul Singh)
Deputy Director General of Foreign TradeM
E-mail: export-dgft@nic.in
(Issued from F.No. 01/91/171/035/AM23/EC/E-33537)