Duty Differentials
Indian Rice Exports Up In Price As Duty Hike Bites, Demand Stays Weak
News

Indian Rice Exports Up In Price As Duty Hike Bites, Demand Stays Weak

India’s rice export prices surged this week due to increased duties on rice shipments, while demand in Thailand remained subdued. The 5 per cent broken parboiled variety from India was quoted at USD 550-558 per ton, rising from the previous week’s range of USD 543-550. Earlier in the month, prices had reached a peak of […]

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Indian Rice Exporters Hit With Duty Demands, Threatening Shipments
Export National News

Indian Rice Exporters Hit With Duty Demands, Threatening Shipments

Indian rice exporters have been issued notices by the customs department demanding payment of duty differentials on rice shipments made over the past 18 months, the news agency Reuters reported citing sources. This unusual tax demand has the potential to severely impact rice exports from India, it said. India, the world’s largest rice exporter, implemented […]

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