Govt says 20% export duty on parboiled rice to continue beyond Mar 31

By PTI

The government on Wednesday extended the 20 per cent duty on export of parboiled rice beyond March 31. A 20 per cent export duty was levied on parboiled rice on August 25, 2023, till October 16, 2023, to maintain adequate local stock and keep domestic prices under check.

It was later extended till March 31, 2024. In a notification, the finance ministry said the 20 per cent export duty will continue beyond March 31 without an end date. Besides, the duty-free import of yellow peas, too, has been extended beyond March 31, subject to the condition that the bill of landing is issued on or before April 30, 2024.

This article has been republished from The Moneycontrol.