Introduction of additional safeguards for export of Basmati rice to prevent exports of Non-Basmati white rice through mis-classification as Basmati rice

Introduction of additional safeguards for export of Basmati rice to prevent exports of Non-Basmati white rice through mis-classification as Basmati rice https://www.taxtmi.com/news?id=26785 The Government directed APEDA to require a Registration - cum - Allocation Certificate (RCAC) for Basmati export contracts at or above a specified value threshold; contracts below the threshold are to be held in abeyance and reviewed by a committee to examine price variations and possible misuse for exporting non-basmati white rice, with the committee reporting within one month, and APEDA to consult trade to discourage such misuse. en-us Mon, 28 Aug 2023 09:36:45 +0530 Mon, 28 Aug 2023 09:36:45 +0530 TaxTMI RSS Generator Introduction of additional safeguards for export of Basmati rice to prevent exports of Non-Basmati white rice through mis-classification as Basmati rice https://www.taxtmi.com/news?id=26785 The Government directed APEDA to require a Registration - cum - Allocation Certificate (RCAC) for Basmati export contracts at or above a specified value threshold; contracts below the threshold are to be held in abeyance and reviewed by a committee to examine price variations and possible misuse for exporting non-basmati white rice, with the committee reporting within one month, and APEDA to consult trade to discourage such misuse. News - Mon, 28 Aug 2023 09:36:45 +0530 https://www.taxtmi.com/news?id=26785