ANNOUNCEMENT 01 Oct 2009

In October 2009, the government of India announced a change in import duties.

NUMBER OF INTERVENTIONS

1

  • 0 harmful
  • 0 neutral
  • 1 liberalising

SOURCE



India scraps rice import duty as output dips, Reuters
http://www.livemint.com/2009/10/28143014/India-scraps-rice-import-duty.html

Global Rice Prices About to Rise, 28 November 2009
Accra Mail


Inception date: 01 Oct 2009 | Removal date: 01 Oct 2010
Still in force

Import tariff

Facing large domestic demand for rice and after a relatively low output last year the government of India dropped its rice import duty. The so called tax moratorium introduced in October 2009 includes temporary scrapping of the 70% import duty on rice. The measure will remain in place until September 2010, that is until the end of the 2009/2010 marketing year. 
 
India is a net exporter of rice, but in the marketing year 2009/2010 a decline in rice output from 15 to 17 million tonne is expected. In 2008/09 output reached 99.2 million tonnes, a record amount. 
According to the UN Comtrade database, in the year prior to the measure no country exported rice to India with a trade value over the GTA threshold of USD 1 million.

AFFECTED SECTORS

 
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AFFECTED PRODUCTS

 
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