Govt. to allow import of only five lakh MT of raw sugar at zero duty through open general license
New Delhi (India), Apr. 5 (ANI): Union Minister for Consumer Affairs, Food and Public Distribution Ram Vilas Paswan today said that it has been decided by the government to allow import of a restricted quantity of only five lakh MT of raw sugar at zero duty through open general license in order to address regional production gaps and also to maintain domestic prices at reasonable levels.
ANI
Apr 06, 2017 01:34 IST
New Delhi (India), Apr. 5 (ANI): Union Minister for Consumer Affairs, Food and Public Distribution Ram Vilas Paswan today said that it has been decided by the government to allow import of a restricted quantity of only five lakh MT of raw sugar at zero duty through open general license in order to address regional production gaps and also to maintain domestic prices at reasonable levels. The import shall be done with zonal quantity restrictions and will be open for only millers/refiners having their own refining capacity. Paswan further said that considering the quantity of sugar available as opening stocks and the production in the current sugar season, it is estimated that there is adequate quantity of sugar available in the country for domestic consumption. 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 the DGFT at sugarimporttrq-dgft@nic.in from April 13 to 24. The details of the scheme can be seen on the website of DGFT (www.dgft@gov.in). (ANI)
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