Seeks to amend Second Schedule to the Customs Tariff Act, to align it with changes made in the First Schedule to the Customs Tariff Act vide Finance Act, 2025. - 27/2025 - Customs -Tariff
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Export duty on rice imposed through amendments to Customs Tariff Second Schedule, narrowing tariff classifications and effective immediately. The Central Government amends the Second Schedule to the Customs Tariff Act to create and substitute tariff entries distinguishing parboiled rice GI recognised, other parboiled rice, other rice GI recognised, and semi milled or wholly milled rice, prescribing a uniform export duty rate for those listed categories; certain tariff code entries are substituted to reflect reclassification. The amendment takes effect from 1 May, 2025 under the Government's statutory authority to levy export duty.
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Export duty on rice imposed through amendments to Customs Tariff Second Schedule, narrowing tariff classifications and effective immediately.
The Central Government amends the Second Schedule to the Customs Tariff Act to create and substitute tariff entries distinguishing parboiled rice GI recognised, other parboiled rice, other rice GI recognised, and semi milled or wholly milled rice, prescribing a uniform export duty rate for those listed categories; certain tariff code entries are substituted to reflect reclassification. The amendment takes effect from 1 May, 2025 under the Government's statutory authority to levy export duty.
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