Customs officials in India are demanding further duty payments from approximately 45 prominent rice exporters following the enforcement of a 20% export duty, which could potentially disrupt future rice shipments from the nation.According to sources familiar...
Indian exporters have been issued notices by the customs department requiring payment for duty differences on rice exported over the past 18 months, four exporters informed Reuters. This uncommon tax demand could severely impact rice exports...
To further stabilize prices of rice, atta, and dal, the government has decided to extend the 20% export duty on parboiled rice indefinitely. Additionally,...
Demand for rice saw a slight uptick this week, with buyers favoring the comparatively more economical offerings from India, while elevated prices in Vietnam...
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