Wait...
Search Global Export Import Trade Data
Recent Searches: No Recent Searches

India set to ease new curbs on sugar mill exports.


Date: 17-05-2012
Subject: India set to ease new curbs on sugar mill exports
NEW DELHI: India will allow sugar mills to apply for exports of up to 25,000 tonnes in one application, government sources said on Wednesday, easing a directive a day earlier that prohibited mills from seeking approval for more than 10,000 tonnes.

Ministers had agreed to lift all restrictions on sugar exports on May 2 and the food ministry on Friday issued a formal order removing the need for its permission for shipments. It asked millers only to disclose the quantities they sold overseas.

On Tuesday, however, the trade ministry said exporters needed to apply for overseas sales and could request approval for not more than 10,000 tonnes at a time. Also, they had to ship out the quantity within 30 days of the permission or else they would be barred from selling the sweetener overseas.

The changes on Wednesday mean mills can now export sugar within 60 days of the permission and can apply for additional exports once they sell 50 percent of the existing order, one of the sources said.

The sugar industry had criticised the trade ministry's Tuesday order.

Abinash Verma, director general of the Indian Sugar Mills Association, had called on the government for an "immediate withdrawal" of the trade ministry's order.

India, the world's top consumer and the second-biggest producer of sugar, could churn out 1.6 percent more to 25.5 million tonnes in the year from October, while a domestic surplus could exceed 2 million tonnes even if consumption grows, a Reuters poll showed on Wednesday.

Source : economictimes.indiatimes.com

Get Sample Now

Which service(s) are you interested in?
 Export Data
 Import Data
 Both
 Buyers
 Suppliers
 Both
OR
 Exim Help
+


What is New?

Date: 06-06-2025
Notification No. 13/2025-Customs (ADD)
Seeks to impose Anti Dumping Duty on imports of ‘Insoluble Sulphur’ originating in or exported from China PR and Japan.

Date: 30-05-2025
Notification No. 31/2025-Customs
Seeks to i. extend the specified condition of exemption to imports of Yellow Peas (HS 0713 10 10) to bill of lading issued on or before 31.03.2026; ii. to reduce the basic custom duty on crude soya bean oil (HS Code 15071000), crude sunflower oil (HS Code 15121110), and crude palm oil (HS Code 15111000) from 20% to 10%

Date: 30-05-2025
Notification No. 38/2025-CUSTOMS (N.T.)
Fixation of Tariff Value of Edible Oils, Brass Scrap, Areca Nut, Gold and Silver

Date: 26-05-2025
NOTIFICATION No. 37/2025-Customs (N.T.)
Notification of ICD Jalna, Maharashtra u/s. 7(1)(aa) of Customs Act, 1962" and it was issued under Section 7(1)(aa) of Customs Act, 1962

Date: 23-05-2025
Notification No. 30/2025-Customs
Seeks to amend notification No. 55/2022-Customs dated 31.10.2022 to remove the condition required for availing exemption on Bangalore Rose Onion.

Date: 23-05-2025
NOTIFICATION No. 36/2025 - Customs (N.T.)
Amendment in the Notification No. 63-1994-Customs (N.T) dated 21.11.1994 in respect of Land Customs Station, Raxaul

Date: 15-05-2025
Notification No. 34/2025-CUSTOMS (N.T.)
Fixation of Tariff Value of Edible Oils, Brass Scrap, Areca Nut, Gold and Silver

Date: 09-05-2025
Notification No. 29/2025-Customs
Seeks to exempt works of art and antiques from Basic Customs Duty

Date: 30-04-2025
Notification No. 02/2025-Customs (CVD)
Seeks to amend Notification No. 05/2024-Customs (CVD) dated the 11th September, 2024 so as to align with changes made vide Finance Act, 2025

Date: 30-04-2025
Notification No. 26/2025-Customs
Seeks to rescind Notification No. 04/2025-Customs dated the 1st February, 2025



Exim Guru Copyright © 1999-2025 Exim Guru. All Rights Reserved.
The information presented on the site is believed to be accurate. However, InfodriveIndia takes no legal responsibilities for the validity of the information.
Please read our Terms of Use and Privacy Policy before you use this Export Import Data Directory.

EximGuru.com

C/o InfodriveIndia Pvt Ltd
F-19, Pocket F, Okhla Phase-I
Okhla Industrial Area
New Delhi - 110020, India
Phone : 011 - 40703001