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DGFT permits export of 1,239 tonnes raw sugar to US

18 Jul 2019 Evaluate

The Directorate General of Foreign Trade (DGFT) has allowed export of 1,239 tonnes raw sugar under its tariff-rate quota (TRQ) to the US. This enables shipments to enjoy relatively low tariff. TRQ is a quota for a volume of exports that enter the US at relatively low tariffs. After the quota is reached, a higher tariff applies on additional imports.

DGFT has notified that additional quantity of 1,239 tonne of raw cane sugar to be exported to USA under TRQ up to September 30, 2019.

The country enjoys duty-free sugar exports to the US for up to 10,000 tonnes annually under preferential quota arrangement. India, the world's second-biggest producer and the largest consumer of sugar, has a preferential quota arrangement for sugar export with the European Union as well.