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Centre allows import of 3 Lakh Metric Tons of raw sugar through southern ports of India at 25 per cent import duty

In a bid to control prices in the open market during the festival season beginning this month, the centre has allowed the import of three lakh tones of raw sugar at 25 per cent import duty through the southern ports through open general license.

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 percent import duty under Open General License (Tariff Rate Quota) has been allowed through millers/refiners said an official release.

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 of 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. Applications shall be received online by DGFT at sugarimporttrq-dgft@nic.in from September 8th to 12th. Details of the scheme can be seen on the website of DGFT ( www.dgft.gov.in).


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