Export of sugar – DGFT allocates quota
The DGFT has allocated a total quantity of 19,300 MTs of Raw Sugar out of free sale portion of 2005-2006 season’s production for export to USA and EU for the fiscal year 2005 (October 1, 2005 to September 30, 2006) as follows:
(i) 9,050 MTs as preferential Raw Cane Sugar Tariff Rate Quota to USA ; and
(ii) 10,0250 MTs as SPS Raw Sugar to EU .
It has also been decided to allocate a quantity of 10,000 MTs of White Sugar for export against preferential quota for EU. However, the export of this White Sugar will be allowed only in case of export obligations of sugar factories in respect of import of raw sugar under Advance Licences. Indian Sugar Exim Corporation Ltd, New Delhi is the designated agency for export of sugar to USA and EU under preferential quota.
DGFT PN 76 (RE-2005)/2004-2009, Dated: December 26, 2005
The above PN was amended by DGFT PN 78 (RE-2005)/2004-2009, Dated: December 27, 2005 to change the figure 10.0250 to 10.250. At least they detect and rectify the mistakes unlike their better informed colleagues in the Finance Ministry.