10 Lakh MT Duty-Free Raw Sugar Imports Till 31st October

G.S.R. 755(E).— In exercise of the powers conferred by sub-section (1) of section 25 of the Customs Act, 1962 (52 of 1962), the Central Government, on being satisfied that it is necessary in the public interest so to do, hereby exempts the goods of the description specified in column (3) of the Table below, falling under the tariff heading of the First Schedule to the Customs Tariff Act, 1975 (51 of 1975) (hereinafter referred to as the ‘Customs Tariff Act’), as specified in the corresponding entry in column (2) of the said Table, in such quantity of total imports of such goods, as specified in column (4) below (herein after referred to as the ‘Tariff Rate Quota (TRQ) quantity’), when imported into India, from the whole of the customs duty leviable thereon under the First Schedule to the Customs Tariff Act, subject to the condition specified in the Annexure to this notification, namely: –

TABLE

Sl. No.Tariff HeadingDescription of goodsTariff Rate Quota (TRQ) quantity
(1)(2)(3)(4)
1.1701Raw Sugar10,00,000 MT

ANNEXURE

Condition
(a) The TRQ is allotted to the importer by the Directorate General of Foreign Trade, in accordance with the relevant procedure as specified in the Hand Book of Procedures, 2023; (b) The TRQ authorization shall contain name and address of the importer, Importer-Exporter Code (IEC), Customs notification number, tariff heading as applicable, quantity and validity period of certificate; (c) The TRQ authorization shall be issued electronically by the Directorate General of Foreign Trade and transmitted to Indian Customs EDI System (ICES); and (d) Imports made against the TRQ shall be allowed only upon debiting electronically in the ICES system.

2.        This notification shall come into force with immediate effect, and shall remain in force upto and inclusive of the 31st day of October, 2026.

Radhika Goyal is Author of Taxconcept Gurugram head office, for deeply reported tax, gst and income tax articles on issues that matter. He splits her time between New Delhi and Bengaluru, and has worked...

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