Amends Notification No. 21/2002-Customs, dated the 1st March, 2002
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Customs exemption for sugar imports conditioned on refining contracts, bonds, APEDA registration, or Chartered Accountant bulk-use certification.
The amendment inserts tariff entries exempting imported raw sugar, refined or white sugar, and raw sugar imported by bulk consumers, subject to new Annexure conditions. Condition 5G grants exemption to sugar factories or refineries and to other importers upon production of a refining contract, furnishing a bond, and discharge of the bond on Central Excise certification of refining; failure entails payment of differential duty. Condition 5H requires APEDA-registered import contracts, and Condition 5I requires a Chartered Accountant certificate confirming bulk consumer status with definitional explanations.