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Centre allows import of 3 LMT of raw sugar through southern ports of India at 25 % import duty

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Capital Market
To supplement the availability of sugar in southern India and to stabilize sugar price, import of 3 LMT of raw sugar through southern ports of India at 25 % import duty under Open General License (Tariff Rate Quota) has been allowed through millers/refiners. The import shall be open to millers/refiners who have their own capacity to convert raw sugar into refined /white. The imports will be allowed through the ports viz. Tuticorin, Karaikal, Chennai, Mangalore, Kakinada, Gangavaram and Vishakapatnam in the South. The scheme shall be operated by the Directorate General of Foreign Trade (DGFT) as per their rules and regulations.

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First Published: Sep 08 2017 | 8:54 AM IST

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