Govt proposes new tariff lines for rice, makhana products in Union Budget

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Govt proposes new tariff lines for rice, makhana products in Union Budget - Business Standard

Quick Summary:

According to the Budget document for 2025-26, the government has proposed provision for creating new tariff items for rice based on process (paraboiled, others) and on variety (rice recognised by geographical indications registry, basmati and others) under sub-headed HS code 1006-30.

The government has proposed creating new tariff items and supplementary notes for identification of certain technical-grade pesticides and certain goods covered by international conventions.

The government on Saturday proposed to create new tariff lines for makhana products and rice based on process and varieties.