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India notifies 8,606 tonnes of uncooked cane sugar exports to US below TRQ scheme


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The federal government on Wednesday notified exports of 8,606 tonnes of uncooked cane sugar below the tariff-rate quota (TRQ) scheme to the US. Shipments below the TRQ take pleasure in comparatively low customs responsibility.

After the quota is reached, a better tariff applies on extra imports.

“The amount of 5841 MT (uncooked/refined) sugar to be exported to EU and amount of 8606 MTRV uncooked cane sugar to be exported to USA below TRQ scheme from October 1, 2022, to September 30, 2023 has been notified,” the Directorate Basic of Overseas Commerce (DGFT) stated in a public discover.

India, the world’s second largest producer and the most important shopper of sugar, has a preferential quota association for sugar export with the European Union as effectively. The DGFT stated that the quota might be operated by APEDA.

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