Rice Exporters Alert: CBIC imposes 20% Duty on Parboiled and Certain Milled Rice from May 1, 2025

The CBIC (Central Board of Indirect Taxes and Customs) has issued an alert for rice exporters, imposing a duty on parboiled rice and certain other milled rice varieties effective from May 2025. This decision is likely to impact the export competitiveness of these rice categories and may necessitate adjustments in pricing and export strategies for Indian rice exporters. The imposition of duty could be aimed at managing domestic rice availability or supporting local market prices. Exporters need to carefully assess the implications of this new duty structure on their existing and future export orders.