Ministry of Commerce and Industry has issued Notification No. 37/2024-25, amending the export policy for Non-Basmati White Rice under HS code 1006 30 90, effective October 23, 2024. Under the Foreign Trade (Development & Regulation) Act, 1992, and the Foreign Trade Policy, the previous requirement for a Minimum Export Price (MEP) of USD 490 per tonne for exporting this rice variety has been lifted. This change means that Non-Basmati White Rice can now be exported freely without the stipulated price condition. The notification reflects the government’s ongoing efforts to regulate export policies in response to market conditions, and it has been issued with the approval of the relevant authority.
Ministry of Commerce & Industry
Department of Commerce
Directorate General of Foreign Trade
Vanijya Bhawan, New Delhi
Notification No. 37/2024-25 – DGFT | Dated: 23rd October 2024
Subject: Amendment in Export Policy of Non-Basmati Rice under HS code 1006 30 90 – reg
S.O. 4641(E) In exercise of powers conferred by Section 3 read with section 5 of the Foreign Trade (Development & Regulation) Act, 1992, read with Para 1.02 and 2.01 of the Foreign Trade Policy, as amended time to time, the Central Government hereby, makes the following changes in Export Policy conditions under ITC (HS) Code 1006 30 90 under Chapter 10 of Schedule-II(Export Policy) of ITC (HS) 2022, as under :-
ITC(HS) code | Item Description | Export Policy | Existing Policy Condition |
Revised Policy Condition |
1006 30 90 | Non-Basmati White rice (Semi- milled or wholly milled rice, whether or not polished or glazed: Other) | Free | Export is subject to a Minimum Export Price of USD 490/tonne | – |
Effect of the Notification: The requirement of Minimum Export Price (MEP) for the export of Non-Basmati White Rice under HS code 1006 30 90 has been lifted with immediate effect.
This is issued with the approval of the competent authority.
(Santosh Kumar Sarangi)
Director General of Foreign Trade
Ex-Officio Additional Secretary, Government of India
E-mail: [email protected]
(Issued from F. No. 01/91/171/010/AM23EC /E-33294)