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Date: 27-Sep-2024 Category: Extra Ordinary State: Union Government Country: India

Amending Export Duty on specified varieties of Rice

Issued by Ministry of Finance · Department of Revenue

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Executive Summary & Key Takeaways

What it means

  • This is a notification from the Ministry of Finance (Department of Revenue), Government of India, amending a previous notification regarding customs duties.
  • It modifies the existing customs duty rates for various types of rice under the Customs Act, 1962.

Key Changes

  • The notification amends the notification number 27/2011-Customs, dated March 1, 2011. This amendment adds new entries to the table specifying customs duty rates for different types of rice.
  • Specifically, it inserts three new entries after serial number 6: 6A for rice in the husk (paddy or rough) at 10%, 6B for husked (brown) rice at 10%, and 6C for parboiled rice at 10%.
  • It also inserts another entry after serial number 7: 7A for semi-milled or wholly-milled rice (excluding parboiled and Basmati rice), setting the duty at 0% (Nil).
  • The changes are effective immediately.

Impact Analysis

Impact on Importers/Exporters

  • Action Item: Importers and exporters should review the amended notification and adjust their pricing and import/export strategies accordingly.

Impact on Consumers

  • Action Item: Consumers should monitor price changes in the market for the affected rice types.

Impact on Government Revenue

  • Action Item: The government should monitor import volumes and revenue collections to assess the overall impact.

Key Entities Referenced

Ministry of Finance (Department of Revenue): The issuing authority of the notification. Responsible for customs and revenue collection. Customs Act, 1962 (52 of 1962): The legal framework under which the notification is issued. Section 25(1) grants the power to the Central Government to make these amendments. Notification No. 27/2011-Customs (amended): The principal notification that is being amended by the current notification. This notification outlines the original customs duties on rice. Notification No. 43/2024-Customs: A previous amendment to Notification No. 27/2011-Customs, mentioned in the note. Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i): The official publication where the notification is published.
Official Source Record View Original Source →
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रजिस्ट्री स.ं डी.एल.- 33004/99 REGD. No. D. L.-33004/99 सी.जी.-डी.एल.-अ.-27092024-257560 CG-DxLx-xEG-I2D7H0x9x2x0 24-257560 xxxGIDExxx असाधारण EXTRAORDINARY भाग II—खण् ड 3—उप-खण्ड (i) PART II—Section 3—Sub-section (i) प्राजधकार स ेप्रकाजित PUBLISHED BY AUTHORITY स.ं 558] नई दिल्ली, िुक्रिार, जसतम्ब र 27, 2024/आजश्ि न 5, 1946 No. 558] NEW DELHI, FRIDAY, SEPTEMBER 27, 2024/ASVINA 5, 1946 जित्त मत्रं ालय (रािस्ट्ि जिभाग) अधिसचू ना नई दिल् ली, 27 जसतम्ब र, 2024 सख्ं य ा 44/2024-सीमा िल्ु क सा.का.जन. 600(अ).—सीमा िुल्क अजधजनयम, 1962 (1962 का 52), की धारा 25 की उप धारा (1) द्वारा प्रित् त िजियों का प्रयोग करते हुए, केन्‍द र सरकार, इस बात से संतुष्ट होते हुए दक ऐसा करना िनजहत में आिश्यक है, एतिद्वारा, भारत सरकार के जित् त मंत्रालय (रािस्ट् ि जिभाग) की अजधसूचना संख्यांक 27/2011-सीमा िुल्क, दिनांक 01 माचच, 2011, िो संख्यांक सा.का.जन. 153(अ), दिनांक 01 माचच, 2011 द्वारा भारत के रािपत्र, असाधारण, भाग II, खंड 3, उप खंड (i) में प्रकाजित की गई थी, का जनम्नजलजखत और संिोधन करती है, अथाचत्: - उि अजधसूचना म,ें सारणी में, (i) क्रम संख्या 6 के पश् चात, जनम्नजलजखत क्रम संख्या और प्रजिजष्टयााँ अंत:स्ट् थाजपत की िाएंगी, यथा:- (1) (2) (3) (4) “6क. 1006 10 90 भूसी में चािल (धान या खुरिरु ा) 10% 6ख. 1006 20 00 भूसी (भूरा) चािल 10% 6ग. 1006 30 10 चािल, पारबॉयल्ड 10%”; 6305 GI/2024 (1)2 THE GAZETTE OF INDIA : EXTRAORDINARY [PART II—SEC. 3(i)] (ii) क्रम संख्या 7 के पश् चात, जनम्नजलजखत क्रम संख्या और प्रजिजष्टयााँ अंत:स्ट् थाजपत की िाएंगी, यथा:- (1) (2) (3) (4) “7क. 1006 30 90 अर्द् च जमल्ड या पूणच जमल्ड चािल, पॉजलिड या िून्‍दय”। ग्लेज़्ड हो या नहीं (पारबॉयल्ड चािल और बासमती चािल के अलािा) 2. यह अजधसूचना तत्काल प्रभाि से लागू होगी। [फा. स.ं 190354/152/2024-टीआरयू] अम्रीता टाइटस, उप सजचि टटप्पणीीः - मलू अजधसूचना संख्या 27/2011-सीमा िुल्क, दिनांक 01 माचच, 2011 को सा.का.जन. सं. 153(अ), दिनांक 01 माचच, 2011 के तहत भारत के रािपत्र, असाधारण, भाग-II, खंड 3, उप-खंड (i) में प्रकाजित दकया गया था और इसमें अंजतम बार अजधसूचना संख्या 43/2024-सीमा िुल्क, दिनांक 13 जसतम् बर, 2024, जिसे सा.का.जन. सं. 573 (अ), दिनांक 13 जसतम् बर, 2024 के तहत भारत के रािपत्र, असाधारण, भाग II खंड 3, उप-खंड (i) में प्रकाजित दकया गया था, के द्वारा संिोधन दकया गया था। MINISTRY OF FINANCE (Department of Revenue) NOTIFICATION New Delhi, the 27th September, 2024 No. 44/2024-Customs G.S.R. 600(E).—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. 27/2011-Customs, dated the 1st March, 2011, published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i), vide number G.S.R. 153(E), dated the 1st March, 2011, namely :- In the said notification, in the TABLE, (i) after S. No. 6, the following serial numbers and entries shall be inserted, namely:- (1) (2) (3) (4) “6A. 1006 10 90 Rice in the husk (paddy or rough) 10% 6B. 1006 20 00 Husked (brown) rice 10% 6C. 1006 30 10 Rice, parboiled 10%”;[भाग II—खण् ड 3(i)] भारत का रािपत्र : असाधारण 3 (ii) after S. No. 7, the following serial number and entries shall be inserted, namely:- (1) (2) (3) (4) “7A. 1006 30 90 Semi-milled or wholly-milled rice, Nil”. whether or not polished or glazed (other than Parboiled rice and Basmati rice) 2 This notification shall come into force with immediate effect. [F. No. 190354/152/2024-TRU] AMREETA TITUS, Dy. Secy. Note: - The principal notification No. 27/2011-Customs, dated the 1st March, 2011, was published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i), vide number G.S.R. 153(E), dated the 1st March, 2011, and was last amended vide notification No. 43/2024-Customs, dated the 13th September, 2024, published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i), vide number G.S.R. 573(E), dated the 13th September, 2024. Uploaded by Dte. of Printing at Government of India Press, Ring Road, Mayapuri, New Delhi-110064 and Published by the Controller of Publications, Delhi-110054.

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