Rice Export Ban: Government’s big relief to rice exporters, traders who have already paid duty will be able to export

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Rice Export Ban: The central government has said that exporters who have deposited the export duty before the notification banning the export of rice will be allowed to send their consignments abroad. In a notification issued on July 20, the government had announced a ban on the export of non-basmati rice. The government has taken this step to increase the availability of this rice in the domestic market. While notifying this ban, the Directorate General of Foreign Trade (DGFT) had mentioned the approval of rice exports under certain conditions. In a notification issued on August 29, the DGFT said that giving some relaxation to the old notification, export of non-basmati white rice is being allowed if the export duty is paid before 9.57 pm on July 20. Have gone

Discount till October 30

According to the notification, the exporter has handed over his consignment to the customs department before 9.57 pm on the date of July 20 and it has been entered in the customs system for export, then the consignment is exported. May go. However, this export exemption will be only till 30 October. To ensure the availability of non-basmati rice in the country, the government had issued a notification banning its export.

India allows export of 1.43 lakh tonnes of non-basmati rice

The central government on Wednesday allowed the export of 1.43 lakh tonnes of non-basmati white rice to Bhutan, Mauritius and Singapore. The Directorate General of Foreign Trade (DGFT) said in a notification that this export has been allowed through the National Cooperative Export Limited (NCEL). DGFT has notified export of non-basmati white rice at 79,000 tonnes to Bhutan, 14,000 tonnes to Mauritius and 50,000 tonnes to Singapore. While the ban on export of non-basmati white rice imposed on July 20 to boost domestic supplies remains in place, exports to other countries were allowed to meet their food security needs and on request with approval from the government Is. According to the statement, Bhutan, Mauritius and Singapore have been notified for export of non-basmati white rice.

Government strict on export of non-basmati under the guise of basmati rice

The government has decided not to allow export of basmati rice below $1,200 per tonne to prevent possible ‘illegal’ export of white non-basmati rice in the guise of premium basmati rice. The commerce ministry said in a statement on Sunday that it has directed trade promotion body Agricultural and Processed Food Products Export Development Authority (APEDA) not to register contracts below $1,200 per tonne. Contracts below the current $1,200 a tonne have been kept in abeyance. For the future, a committee will be constituted under the chairmanship of APEDA.

Usna rice imposed 20 percent export duty

In an effort to control the retail prices of rice, the central government is taking several steps to boost domestic supplies. In September last year, it banned the export of broken rice, while last month it banned non-basmati white rice. Last week, an export duty of 20 per cent was imposed on non-basmati rice. With these restrictions, India has now banned all varieties of non-basmati rice as well. According to the commerce ministry statement, the government has issued directions to APEDA to introduce additional safeguards to prevent possible illegal export of white non-basmati rice in the guise of basmati rice. As per the instructions, only contracts for basmati export valued at $1,200 per tonne and above should be registered for issue of Registration-cum-Allotment Certificate (RCAC). As per Foreign Trade Policy, APEDA is mandated to register all contracts for export of Basmati rice and then it issues RCAC for export of Basmati rice.

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