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India Exempts IEC Code Holder Rice, Edible Oils Exporters from Essential Commodities Act

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New Delhi (ABC Live): The Union Cabinet yesterday approved exemption to exporters having IEC Code issued by DGFT from the purview of stock holding limits under the Essential Commodities Act, 1955 with respect to edible oilseeds, edible oils and rice. This will help exporters benefit from economies of scale and bigger operation for optimally meeting ...

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