India: India Imposes a 20 Percent Export Duty on Parboiled Rice and Reviews Basmati Rice's Minimum Export Prices

  |   Attaché Report (GAIN)   |   IN2023-0067

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India: India Imposes a 20 Percent Export Duty on Parboiled Rice and Reviews Basmati Rice's Minimum Export Prices

On August 25, 2023, India’s Ministry of Finance issued Notification No. 49/2023 (Customs), notifying with immediate effect that the Indian government is imposing a 20 percent export duty on parboiled non-basmati rice (PNB), harmonized tariff system (HS) code 1006.30.10. This notification highlights the Indian government’s attempt, through a series of restrictive export control measures, to control rising domestic food prices.

Exporting, Regulations & Requirements
South and Central Asia, India
Grains, Feeds and Fodders, Rice

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