On February 1, 2025, Union Minister Nirmala Sitharaman, Minister of Finance (MoF), proposed an amendment to the Customs Tariff Act to assign Harmonized System of Nomenclature (HSN) codes to Geographical Indication (GI)-recognized rice varieties during the Union Budget for the financial year 2025-26 (FY26). The HSN code is a numerical classification system used in global trade.