Export prohibition on sugar imposed until fiscal year end, subject to limited exceptions, licence extensions and conditional releases. The Government amends the ITC HS export classifications to prohibit sugar exports until the end of the financial year, making sugar Prohibited for export unless specifically permitted by DGFT; preferential quota sugar to EU and USA is permitted through the Indian Sugar Exim Corporation subject to quantitative ceilings, exports to Bhutan and Maldives are excluded, transitional LC arrangements after the public announcement are inapplicable, and advance licence obligations and Release Orders receive specified extensions and exceptions.
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Export prohibition on sugar imposed until fiscal year end, subject to limited exceptions, licence extensions and conditional releases.
The Government amends the ITC HS export classifications to prohibit sugar exports until the end of the financial year, making sugar Prohibited for export unless specifically permitted by DGFT; preferential quota sugar to EU and USA is permitted through the Indian Sugar Exim Corporation subject to quantitative ceilings, exports to Bhutan and Maldives are excluded, transitional LC arrangements after the public announcement are inapplicable, and advance licence obligations and Release Orders receive specified extensions and exceptions.
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