The DGFT extends the ban on sugar exports until October 31, 2023

Oct 29, 2022 | GST FAQ, News | 0 comments

The DGFT extends the ban on sugar exports until October 31, 2023

The DGFT vide Notification No. 40/2015-20 dated October 28, 2022 extends the date for restrictions on the export of Sugar (Raw, Refined and White sugar) beyond October 31, 2022 till October 31, 2023.

In the exercise of powers conferred by Section 3 read with Section 5 of the Foreign Trade (Development & Regulation) Act, 1992 (No. 22 of 1992), as amended, read with Para 1.02 and 2.01 of the Foreign Trade Policy, 2015-20, in partial modification of Notification No.10/2015 2020 dated May 24, 2022, the Central Government hereby extends the date of ‘Restriction’ on the export of Sugar (Raw Sugar, Refined Sugar, and White Sugar) under HS Codes 1701 14 90 and 1701 99 90 beyond October 31, 2022 till October 31, 2023, or until further orders, whichever is earlier.

This restriction is not applicable to Sugar being exported to EU and USA under CXL and TRQ quota as per prescribed procedure in the respective Public Notices.

Restriction on the export of Sugar (Raw, Refined and White sugar) is extended beyond October 31, 2022 till October 31, 2023, or until further orders, whichever is earlier. Other conditions will remain unchanged.

Sources from =https://content.dgft.gov.in/Website/dgftprod/36277c28-dcd8-437d-b28e-5914cfbe84e3/doc2.pdf

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