FTP - Eligibility of Liquid Glucose under Focus Market Scheme - DGFT clarifies
PARA 3.14.3 of FTP 2009-14, inter-alia states that Sugar, of all types and in all forms shall be ineligible for Duty Credit Scrip under Focus Market Scheme (FMS) of FTP 2009-14.
DGFT has received representations stating that the 'Liquid Glucose' under ITC (HS) Code 1702 is maize product, which is not sugar. Therefore, its export may be eligible for FMS benefit.
The issue has been examined in consultation with Policy Interpretation Committee (PIC). It is noted that Liquid Glucose falls under HS code 17023010. HS code 1702 is described under chapter 17 heading "Sugar and Sugar confectionery":
DGFT therefore clarifies that all items under HS code 1702 are Sugar as HS code 1702 lists "Other Sugar". Accordingly, the export item Liquid Glucose is "Sugar" and therefore not eligible for FMS benefits.
DGFT Trade Notice No. 01/2016, Dated: April 07, 2016