Import of Sugar – extension in export obligation period extended till Year End

By Vijay Kumar

For the advance authorization (erstwhile licences), where raw sugar has been imported between 21.09.04 and 15.4.08, but the export obligation is yet to fulfilled, the export obligation period stands automatically extended upto 31.12.2009 without payment of composition fee. Against these advance Authorisations/licences, no further E.O. extension shall be allowed beyond 31.12.2009.

Public Notice No. 145 (RE 2008)/2004-2009, Dated: February 17, 2009