Raw Sugar Export
Obligation Period Reduced to Six Months under Advance Authorisation
[DGFT
Public Notice No. 08 dated 1st May 2015]
Sub:
Amendment in Appendix- 4 J relating to Export Obligation Period under Advance
Authorizations.
In
exercise of powers conferred under Para 1.03 of the Foreign Trade Policy,
2015-20,as amended from time to time, the Director General of Foreign Trade
hereby makes the following amendments in the Appendix- 4 J of the Handbook of
Procedures 2015-20:-
2. Following
Entry is added in the table of Appendix- 4 J related to “Export Obligation
Period for specified inputs” with immediate effect:-
|
Sl.No. |
Import
Item(s) |
Export
Obligation Period from the date of clearance of each import consignment by Customs
authority |
|
9) |
Raw
sugar |
6
months |
3. Effect of this
Public Notice:
Pre-import
condition shall be mandatory for import of “raw sugar” under Advance Authorisation
scheme. Export obligation period for “raw sugar “imported under Advance
Authorisation has been reduced to six months from the date of clearance of each
consignment by customs authority.