Govt Relaxes Sugar Import Condition, Gives 60 Days to Refine, Sell Shipments
The change follows industry concerns over shipping delays and port congestion as sugar prices averaged Rs 63.97 per kg, officials said.
8 Articles
8 Articles
Amid sugar price rise, Centre allows import of 1 million tonnes of raw sugar to boost local supplies
The Directorate General of Foreign Trade (DGFT) on August 24 issued a corrigendum to its August 20 notification, extending the timeline for processing and sale of imported raw sugar.
Govt eases sugar import norms, importers get two months instead of fixed October 31 deadline
While permitting import of 1 million tonnes of raw sugar to boost local supplies and rein in prices, the government had earlier asked importers to process the raw sugar and sell it in the domestic market by October 31.
Govt eases sugar import norms - OrissaPOST
New Delhi: The government has extended the time period for processing and domestic sale of imported raw sugar to two months from the date of its entry, in response to the concerns raised by the industry over shipping delays. While permitting the import of 1 million tonnes of raw sugar to boost local supplies and rein in prices, the government had earlier asked importers to process the raw sugar and sell it in the domestic market by October 31. H…
Govt revises raw sugar import norms, allows two months for processing and sale
New Delhi: The government has revised the timeline for processing and selling duty-free imported raw sugar and allowed importers up to two months from the date of filing the bill of entry to convert the sugar into white or refined sugar and sell it in the domestic market. The Directorate General of Foreign Trade (DGFT) amended the modalities notified -- earlier in August -- for the import of 10 lakh tonnes of raw sugar under the tariff-rate quo…
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