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After non-basmati, govt bans export of broken rice

After non-basmati, govt bans export of broken rice

TIL Desk/Business/New Delhi/ After imposing 20 per cent export duty on non-basmati rice, the government has banned the export of broken rice with an aim to increase domestic availability, according to a government notification. “Export policy of broken rice …is amended from ’Free’ to ’Prohibited’,” the Directorate General of Foreign Trade (DGFT) said in a notification dated September 8, 2022. The notification comes into effect from September 9, 2022.

Provisions under the Foreign Trade Policy 2015-2020 regarding the transitional arrangement shall not be applicable to this notification, it added. The notification also said, during the period September 9-15, certain consignments of broken rice will be allowed to be exported.

Consignments will be allowed for exports during this period where loading of broken rice on ships has commenced before this notification, where the shipping bill is filed and vessels have already berthed or arrived and anchored on Indian ports and their rotation number has been allocated before this order.

Exports will also be allowed in case the consignment has been handed over to the Customs before this notification and is registered in their system, it said.

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