Govt allows import of 3 lakh metric tonnes of raw sugar

The government allowed import of 3 lakh metric tonnes of raw sugar through southern ports of country at concessional duty of 25 per cent to augment domestic supplies ahead of the festive season. The import shall be open to millers and refiners who have their own capacity to convert raw sugar into refined. 

The imports will be allowed through the ports Tuticorin, Karaikal, Chennai, Mangalore, Kakinada, Gangavaram and Vishakapatnam in the South. The



scheme shall be operated by the Directorate General of Foreign Trade as per their rules and regulations. Applications shall be received online by DGFT at sugarimporttrq-dgft@nic.in from 8th to 12th of this month. Details of the scheme can be seen on the website of DGFT www.dgft.gov.in.

In July, government hiked import duty on sugar to 50 per cent from 40 per cent to curb dumping of the commodity in country as international prices fell.