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Nil duty on exports of Kala namak rice upto 100MT

  • 04 Apr 2024
  • Team Edukating
  • 65

The Indian government clarified on Wednesday that there will be no duty on exports of Kala Namak rice, a premium brand, with a restriction of 1,000 metric tonnes. Previously, there was a 20% duty on exports of this rice variety. The government permitted exports of Kala Namak rice up to 1,000 metric tonnes through specified customs stations, a change from the previous prohibition.

The centre on Wednesday clarified that there will be no duty on the exports of Kala Namak rice, a premium rice brand, with a rider that the export quantity is restricted to 1,000 metric tonnes.

Earlier there was a duty of 20% on the exports of this variety of rice.

The government on Tuesday had allowed exports of Kala Namak rice up to an aggregate quantity of 1,000 metric tonnes through six specified customs stations. Their exports were prohibited till now.

Source : https://economictimes.indiatimes.com/news/economy/foreign-trade/nil-duty-on-exports-of-kala-namak-rice-upto-100mt/articleshow/109011083.cms?from=mdr

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