Centre allows duty-free import of sugar

Posted by Daily Shipping Times on 10-04-2017        Tweet

NEW DELHI: The Centre recently said it will allow duty-free import of raw sugar up to 5 lakh tonne, till June 12.

The decision seeks to address regional production gaps and maintain domestic prices at reasonable levels, according to Union Minister for Consumer Affairs, Food & Public Distribution, Ram Vilas Pawan.

“The import shall be done with zonal quantity restrictions and will be open for only millers/refiners having their own refining capacity,” an official release stated.

Paswan, however, added that considering the quantity of sugar available as opening stock and the production in the current sugar season, it is estimated that there is adequate quantity of sugar available in the Country for domestic consumption.