Extend the export duty of 20% on Parboiled rice

Extend the export duty of 20% on Parboiled rice

Seeks to amend notification No. 55/2022-Customs, dated 31.10.2022, in order to extend the currently applicable export duty of 20% on Parboiled rice up to 31.03.2024 – Notification No. 59/2023-Customs

G.S.R. ……(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. 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 the 31st October 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.

Note: The principal notification No. 55/2022-Customs, dated the 31st October 2022, was published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-Section (i), vide number G.S.R. 796(E), dated the 31st October 2022, and was last amended vide notification No. 57/2023-Customs, dated the 29th September, 2023, published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-Section (i), vide number G.S.R. 703(E), dated the 29th September, 2023.

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