Export duty of 20% on Parboiled rice extended up to 31.03.2024

The Central Board of Indirect Taxes and Customs has notified that the Export duty of 20% on Parboiled rice extended up to 31.03.2024 via issuing a notification.

The official notification stated:

In exercise of the powers conferred by sub-section (1) of section 25 of the Customs Act, 1962 (52 of 1962), the Central Government, on being satisfied that it is necessary in the public interest so to do, hereby makes the following further amendments in the notification of the Government of India in the Ministry of Finance (Department of Revenue), No. 55/2022-Customs, dated the 31st October 2022, published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i), vide number G.S.R. 796(E), dated the31stOctober 2022, namely:

In the said notification, in the Annexure, in the entry against Condition number 5, for the figures, letters and words “16th day of October 2023”, the figures, letters and words“1st day of April 2024” shall be substituted.

For official notification download the pdf given below: