Ask a Query






Client Login

Welcome GST India Solution

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

Latest Articles

<--

WHAT IS GST?

GST i.e.Goods and Service Tax is a unified tax that replaces several indirect taxesleviedby the Central Government and the State Government(s)....

Read more
-->

BASIS OF CHARGE OF GST- SUPPLY

In pre-GST regime, goodswere liable to: (i) Excise Duty- on manufacture of goods; (ii) VAT/CST- on sale of goods; (iii) Entry tax- on ...

Read more

WHO IS LIABLE TO PAY TAX

GST is levied on every taxable person. Taxable person means a person who carries on any business at any place in India. Such . ..

Read more

WHAT IS TAXED UNDER GST

GST is a unified tax which is levied on: (i) goods; (ii) services and (iii) a mix of goods and/or services. Any supply of goods or services . .. ...

Read more

Who We Are

GST India Solution is an effort of firm of professionals who welcome implementation of GST. This is an interactiveplatformthat aspires to disseminate right knowledge to professionals, practitioners and public at large. This platform has beenfloatedbya firm of Chartered Accountants relentlessly working in field of direct and indirect taxes since early 1985.

READ MORE

Why

Goods & Service Tax


Our core competence is statutory compliance, advisory, corporate tax planning and appellate matters of direct and indirect taxesandcorporate training sessions on GST.

The senior partner of the firm has to his credit several professional publications viz., Delhi Sales Tax  Right to Use Goods Act, Delhi VAT, Maharashtra VAT, West Bengal VAT, Haryana VAT published by Taxmann. Madhya Pradesh VAT and Chhattisgarh VAT were published by Suvidha Law House, Bhopal. He has also addressed seminars on indirect taxes organized by professional bodies like ICAI, IMA, NIFM etc. and has also contributed articles on subjects of pro. . . . .

READ MORE

Gst Events