TIOL-DDT 2590 · Tuesday, 5 May 2015 · story 5 of 8
Foreign Trade Policy - Raw Sugar - Export Obligation Period under Advance Authorizations
By Vijay Kumar
DGFT has amended the Appendix- 4 J of the Handbook of Procedures 2015-20:
Pre-import condition shall be mandatory for import of "raw sugar" under Advance Authorisation scheme. Export obligation period for "raw sugar "imported under Advance Authorisation has been reduced to six months from the date of clearance of each consignment by customs authority.
DGFT Public Notice No.08/2015-20, Dated: May 1, 2015