Govt Revises Raw Sugar Import Norms, Allows 2 Months for Sale
India, Aug. 25 -- The government has revised raw sugar import norms under the tariff-rate quota (TRQ) scheme, giving importers up to two months from the date of filing the Bill of Entry to process imported raw sugar into white or refined sugar and sell it in the domestic market.
The Directorate General of Foreign Trade (DGFT) removed the earlier fixed deadline of October 31 for processing and selling the imported sugar. The revised rule requires importers to complete the process within a period not exceeding two months from the filing of the Bill of Entry.
The government had on August 20 permitted duty-free imports of 10 lakh tonnes of raw sugar under the TRQ scheme until October 31. The move comes amid rising domestic sugar prices ahe...
Click here to read full article from source
इस लेख के रीप्रिंट को खरीदने या इस प्रकाशन का पूरा फ़ीड प्राप्त करने के लिए, कृपया
हमे संपर्क करें.