# CBIC notifies Export Duty Exemption to Specified Varieties of Rice [Read Notification]

> India's CBIC has notified an export duty exemption for specified rice varieties, covering husked, milled and organic non-basmati rice but excluding parboiled and basmati. The notification takes effect under prescribed conditions.

- Date: 2022-11-01 · published 2022-11-01T12:00:00.000Z
- Category: policy · region India · magnitude medium
- Page: https://feedsoft.ai/events/7735-cbic-notifies-export-duty-exemption-to-specified-varieties-of-rice-read
- Commodities: [Rough Rice](https://feedsoft.ai/c/RICE.md)

## Why it matters

Removing export duties on non-parboiled rice makes Indian supplies more competitive in world markets, adding export supply and pressuring global rice prices lower.

## Read by commodity

- RICE: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| RICE | 2023-04-10 | [Central Govt removes Export Duty of Rice in the Husk (paddy or rough), of seed qualit Read Notification](https://feedsoft.ai/events/36493-central-govt-removes-export-duty-of-rice-in-the-husk-paddy-or-rough-of-seed.md) | +4.5% | +8.6% |
| RICE | 2024-09-27 | [Centre cuts export duty on parboiled rice to 10% \| Mint](https://feedsoft.ai/events/12951-centre-cuts-export-duty-on-parboiled-rice-to-10-mint.md) | +1.6% | +0.8% |
| RICE | 2024-10-23 | [With granaries full, India axes export duty on parboiled rice \| Mint](https://feedsoft.ai/events/27796-with-granaries-full-india-axes-export-duty-on-parboiled-rice-mint.md) | -1.2% | -0.2% |
| RICE | 2025-02-03 | [Govt decides to scrap export tax on parboiled rice to boost exports -](https://feedsoft.ai/events/26007-govt-decides-to-scrap-export-tax-on-parboiled-rice-to-boost-exports.md) | -0.9% | -3.6% |
| RICE | 2024-07-09 | [Swelling granaries may prompt India to ease rice export curbs \| Mint](https://feedsoft.ai/events/29225-swelling-granaries-may-prompt-india-to-ease-rice-export-curbs-mint.md) | -13.9% | -10.5% |

## Sources

- taxscan.in: https://www.taxscan.in/cbic-notifies-export-duty-exemption-to-specified-varieties-of-rice/220325

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.