News Details

Government allows exports of non-basmati white rice stuck at ports

By - Aug 30, 2023 11:19 AM

An official government order issued late on Tuesday authorised traders to export their non-basmati white rice shipments, which were held at ports following an unexpected ban on such exports.

The ban was imposed on July 20 with the aim of stabilising domestic prices, subsequently causing significant disruption for traders.

The Directorate General of Foreign Trade (DGFT), a branch of the trade ministry, has now stipulated that these cargoes can be shipped out if traders settle the export duty by the ban's effective date.

Previously, non-basmati white rice exports attracted a 20 per cent tax before the July ban.

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