New Delhi, Jul 7 (KNN)  In a move, which will help the sugar industry, the government has removed the quantitative ceiling on exports of organic sugar, which was limited to 10, 000 tonnes earlier.

"The quantity ceiling for export of organic sugar has been removed till the time export of sugar is permitted freely," Directorate General of Foreign Trade (DGFT) said in a notification last week.

“Export of organic sugar without any quantity limits, will be permitted till the time export of sugar is “Free”,” the notification added.

Such export will be subject to certain conditions such as - the sugar should be duly certified by APEDA as being organic sugar; and prior registration of quantity with DGFT through online system.

However, it said the export of organic sugar would be permitted subject to registration of quantity with DGFT and certification by Agricultural and Processed Food Products Export Development Authority (APEDA).

Further, it had also said that there is no change in other conditions relating to export of sugar.

In a public notice, the DGFT has also permitted export of 8,100 tonnes of raw sugar to the US under tariff rate quota (TRQ) by Indian Sugar Exim Corporation Ltd.

The 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 is applied on additional imports from India.
India’s sugar industry, the second largest producer of sugar in the world, has been starving for cash due to higher cost of production and lower selling prices due to surplus output. (KNN/SD)