parboiled rice
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...
Breaking News
Govt extends 20% export duty on parboiled rice to curb price inflation
To further stabilize prices of rice, atta, and dal, the government has decided to extend the 20% export duty on parboiled rice indefinitely. Additionally,...
Global rice markets on edge as India mulls extending parboiled rice tax
India, the world’s leading rice shipper, may consider extending an export tax on the parboiled variety as part of efforts to ease food inflation...
Buyers flock to India’s affordable rice offers, while trade remains subdued in other hubs
Demand for rice saw a slight uptick this week, with buyers favoring the comparatively more economical offerings from India, while elevated prices in Vietnam...