Govt prohibits exports of sugar till end of fiscal

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....ra 1.3 and Para 2.1 of the Foreign Trade Policy, 2004-2009, the Central Government hereby makes the following amendments in the ITC(HS) Classifications of Export and Import Items, 2004-2009 as amended from time to time. 2. With immediate effect, the policy of export of Sugar given against entry at Sl. No.68 under Chapter 17 of Schedule 2 of ITC(HS) Classifications of Export and Import Items, 2004....

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....ohibiting the export of sugar was announced and got widely publicised on 22.6.2006 in the electronic and print media. The prohibition shall not apply to export of Sugar to Bhutan and Maldives. The period for discharge of export obligation against advance licences shall be extended by the period of the prohibition imposed, provided the export obligation period did not expire prior to the imposition....