Indian Economy News

Government waives duty on export of 1,000 tonnes of non-basmati kalanamak rice

  • IBEF
  • April 4, 2024

The government has eliminated the duty on exports of up to 1,000 tonnes of the Kalanamak variety of rice through six designated customs stations. Previously subject to a 20% duty rate, this duty waiver will be effective from April 3, 2024, as stated in a notification by the Finance Ministry. The Directorate General of Foreign Trade (DGFT) has also authorized the export of up to 1,000 tonnes of Kalanamak rice through specified customs stations.

Kalanamak rice, a non-basmati variety, was previously prohibited from being exported. However, exports of this variety are now permitted through six specified customs stations, including Varanasi Air Cargo, JNCH (Jawaharlal Nehru Customs House) in Maharashtra, CH (Customs House) Kandla in Gujarat, LCS (Land Customs Station) Nepalgunj Road, LCS Sonauli, and LCS Barhni.

Disclaimer: This information has been collected through secondary research and IBEF is not responsible for any errors in the same.

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