117(RE-2010)/2009-14, Dated:14/05/2012
 

Export Policy of Sugar.

 

(To be Published in the Gazette of India Extraordinary Part-II, Section - 3, Sub-Section (ii))
Government of India
Ministry of Commerce & Industry
Department of Commerce
Udyog Bhawan
 
Notification No 117 (RE – 2010)/2009-2014
New Delhi, Dated :  14 May, 2012

 

Subject: Export Policy of Sugar.
 
S.O.(E)  In exercise of the powers conferred by Section 5 of the Foreign Trade (Development & Regulation) Act, 1992 (No.22 of 1992) read with Para 2.1 of the Foreign Trade Policy, 2009-2014, the Central Government, with immediate effect, hereby makes the following amendments in respect of Sl. No. 93  in Chapter 17 of Schedule 2 of ITC(HS) Classification of Export and Import Items.
 
2.         The existing entries against Sl. No. 93  in Chapter 17 of Schedule 2 of ITC(HS) Classification of Export and Import Items are substituted as follows:

 
 
S.No. Tariff Item HS Code Unit Item Description Export Policy Nature of Restriction
93 1701 00 00 Kg (a) Sugar Free
 
Prior registration of quantity with DGFT.
    Kg (b)  Preferential  Quota Sugar  to EU and USA STE Export permitted  through M/s.Indian Sugar Exim Corporation Limited subject to quantitative ceiling notified by DGFT from time to time.
 
2.         Conditions for obtaining Registration Certificates (RCs) for export will be specified in policy circular being issued subsequently.     
 
3. Effect of this notification:
(i)   With the issue of this notification, Export Licensing Note 1 of Chapter 17 would cease to be applicable for export of sugar which is not against Advance Authorisation.  For such exports registration of quantity with DGFT would be mandatory. For export against Advance Authorisation Scheme there would be no change.
(ii)  There is no change in Export Licensing Note 2 of Chapter 17 (relating to export of organic sugar).
 
 

(Anup K. Pujari)
Director General of Foreign Trade
E-mail: dgft@nic.in

WHY CHOOSE US?

We are team of professionals having vast experience in business setup and post compliances. We have helped hundreds of business in their set up and compliances. We use this knowledge and expertise to help our clients to take their business to the next level with results driven solutions.

OUR VISION

We believe in offering top quality and timely services. “To be a quality service provider, supporting global client base in their accounting, transaction, legal and taxation requirements.”We are a company of promise and possibilities. Each day represents a fresh opportunity to share Our Vision.

OUR MISSION

Our mission is to provide One-Stop solution to our clients for their business, financial and regulatory requirements.
We focus on timely, innovative, proactive and independent assurance, financial and tax services to our client and optimize stakeholders' value.

OUR OBJECTIVE

Our objective is to create and sustain long term relationship with our clients and provide one stop solutions for their requirements.

Our employees ideas and inspiration create opportunities constantly, and without limits.


Services

Taxation

Enhancing a stakeholder value is a fundamental concept, which drives every management effort in the modern business environment. Progressive and bottom – line focused managements have realized that taxes should be viewed as a dynamic item of cost, rather than a passive charge on the profits....

Read More

Advisory Service

Managing Risk to enhance performance to truly manage risk, it is vital to enable the right frameworks. We help enhance your business performance by building strong risk management frameworks into the very core of your business processes. This enables us to minimize...

Read More

Assurance

Our assurance services include Statutory audit, Tax audit and Special audits. We carry out audit of financial statements prepared in accordance with various GAAP's (IGAAP/US GAAP / IFRS / other international GAAP) under applicable auditing standards. Our audit methodology is compliant...

Read More

Admin Login

Employee Login

Get in Touch