| Date: |
07-04-2016
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| Notification No: |
Trade Notice No. 01/2016
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| Issuing Authority: |
DGFT
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| Type: |
Trade Notice
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| File No: |
F. No. 01/61/180/130/AM-13/PC-3) |
| Subject: |
Eligibility of Liquid Glucose under Focus Market Scheme of Foreign Trade Policy(FTP), 2009-14.
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Government of India
Ministry of Commerce & Industry
Department of Commerce
Directorate General of Foreign Trade
Udyog Bhawan : New Delhi.
Trade Notice No. 01/2016
New Delhi, Dated the 07th April, 2016
To,
- ALL IEC HOLDERS
- ALL EPCS
- ALL CHAMBERS OF TRADE AND INDUSTRY
- FEDERATION OF INDIAN EXPORT ORGANISATION
- ALL RA's OF DGFT
Subject : Eligibility of Liquid glucose under Focus Market Scheme of
Foreign Trade Policy (FTP) 2009-14
Para 3.14.3 of FTP 2009-14, inter-alia sates that the following categories of
export product/sector shall be ineligible for Duty Credit Scrip under Focus
Market Scheme (FMS) of FTP 2009-14
VII- Sugar, of all types and in all forms.
- DGFT has received representations stating that the 'Liquid Glucose' under
ITC (HS) code 1702 is maize product, which is not sugar. Therefore, its export
may be eligible for FMS benefit.
- The issue has been examined in consulting with Policy Interpretation
Committee (PIC). It is noted that Liquid Glucose Falls under HS code 17023010.
HS code 1702 is described under chapter 17 heading "Sugar and confectionery" as
:
Other sugars, including chemically pure lactose, maltose, glucose and
fructose, in solid forms; sugar syrups not containing added flavouring or
colouring matter, artificial honey, whether or not mixed with natural honey;
caramel
- It is therefore, clarified that all items under HS code 1702 are Sugar as HS
code 1702 Lists "Others Sugar". According the export item Liquid Glucose is
"Sugar" and therefore not eligible for FMS benefits.
(J.M. Gupta)
Join Director General of Foreign Trade
Email: [email protected]
(issue form F. No. 01/61/180/130/AM-13/PC-3)
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