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Import of “raw sugar” under Duty Free Import Authorisation (DFIA) scheme is withdrawn - All About Finance

Import of “raw sugar” under Duty Free Import Authorisation (DFIA) scheme is withdrawn

by

(To be Published
in the Gazette of India Extraordinary Part-II, Section – 3, Sub-Section (ii))

 

Government of India

Ministry of Commerce and Industry

Department of Commerce

Directorate General of Foreign Trade

 Notification No. 5 / 2015-20

New Delhi, Dated the 1st  May, 2015

 

Sub:
Withdrawal of Duty Free Import Authorisation (DFIA) Scheme for import of raw
Sugar.

 

S.O.(E) In exercise of the
powers conferred by Section 5 of the Foreign Trade (Development &
Regulation) Act, 1992 (No.22 of 1992) read with Para 1.02 of the Foreign Trade
Policy, 2015-2020, the Central Government hereby amends the following
provisions of FTP 2015-20 :

 

The following sub para (c) is inserted
in Para 4.25 of FTP 2015-20

 

“(c) Duty Free Import Authorisation Scheme
shall not be available for import of raw sugar.”

 

2. Effect of this Notification:

 

Import
of “raw sugar” under Duty Free Import Authorisation (DFIA) scheme is withdrawn
with immediate effect.

 

 

 

 

(Pravir Kumar)

 Director General of Foreign Trade

E-mail: dgft@nic.in

 (Issued from F. No.
01/94/180/AA-Sugar/AM 09/PC-4)

 

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  2. Import duty on sugar increased from 25 percent to 40 percent
  3. New export policy of sugar
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