Broken Rice Exports
DGFT clarifies that Rice with permissible share of Broken Rice is
not Prohibited, Export is Free subject to 20 percent Duty
[Trade Notice No. 18 /2022-23
dated 4 October 2022]
Subject:
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.
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.
Accordingly,
in supersession of Trade Notice No. 17/2022-23 dated 28.09.2022, 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".
This
issues with the approval of Competent Authority.
(Issued
from F.No. 01/91/l 71/035/AM23/EC/E-33537)