Home Notifications 2017 DGFT DGFT - 2017 This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
TRQ for Raw Sugar: Amendment in import policy of raw sugar classified under Exim Code 170114 of Chapter 17 of ITC (HS), 2011-Schedule-I (Import Policy) - 01/ 2015-2020 - Foreign Trade PolicyExtract Government of India Ministry of Commerce Industry Department of Commerce Directorate General of Foreign Trade Notification No. 01/ 2015-2020 New Delhi, Dated: 5 th April, 2017 Subject: TRQ for Raw Sugar: Amendment in import policy of raw sugar classified under Exim Code 170114 of Chapter 17 of ITC (HS), 2011-Schedule-I (Import Policy). S.O. 1059 (E): - In exercise of powers conferred by Section 3 of FT (D R) Act, 1992 , read with paragraph 1.02 and 2.01 of the Foreign Trade Policy, 2015-2020 , as amended from time to time, the Central Government hereby inserts import policy condition on 'Raw Sugar' classified under Exim Code 170114 of Chapter 17 of ITC (HS), 2017 - Schedule - I (Import Policy) as under: Exim Code Item Description Policy Existing Policy Conditions Revised Policy Condition 170114 Raw Sugar Free Import of items under Exim Code 170114 is Free . However, import up to 5 Lakh MT o raw sugar is subject to Tariff Rate Quota Scheme (duty free) as per conditions laid down below. 2. (i) Import of 5 Lakh MT of raw sugar under Exim Code 170114 is allowed to be imported by millers/ refiners duty free through the following Zones subject to quantity restriction indicated as in the table below: Sl. No. Zone Name of the Ports (import allowed only through the following ports) Zone wise Import Restriction (import can be made through any port within the overall quantity indicated against each Zone) 1 East Zone Haldia (WB), Paradeep (Odisha) 0.50 lakh MT 2 South Zone Tuticorin, Chennai (Tamil Nadu), Mangalore ( Karnataka) Kakinada (Andhra Pradesh) 3 lakh MT 3. West Zone Kandla (Gujarat) Jawaharlal Nehru Port Trust/ Mumbai Port (Maharastra) 1.50 Lakh MT Total 5.00 Lakh MT ii. Applications: a. Applications are invited online from the intending millers/refiners (having own refining capacity from raw to white sugar) of raw sugar for import of raw sugar as per ANF-2M of FTP 2015-20 to DGFT, at [email protected] with a copy to Regional Authority of DGFT as detailed in sub para b. Further, a signed copy of the application shall be submitted to Regional Authority concerned and to DGFT, Hqrs (import Cell), Udyog Bhawan, New Delhi. Application fee for these applications shall be paid according to procedure as per Appendix 2K of Appendices Aayat Niryat Forms. For each refining unit, applicants shall give self declaration of its refining capacity while providing self certified copy of latest IEM issued by DIPP and/or any other document indicating its refining capacity. b. Applicants intending to import through Haldia and Paradeep ports are to submit their applications to RA, Kolkata; those intending to import through Tuticorin, Chennai and Kakinada are to submit their applications to RA, Chennai while those intending to import through Mangalore port may submit their applications to RA, Bangaluru. For imports through West Zone, all applications are to be submitted to RA, Mumbai. c. The applications will be received between 13 th to 24 th April, 2017(till 5 pm). The allocation of quota for each eligible applicant shall be notified on 27 th April, 2017 as per the decision of the EFC under Para 2.51 of the HBP, 2015-20 . The EFC, while considering applications, will take into considerations, inter alia, factors like Zonal allocation limit, monthly refining capacity of the applicant, the quantity applied for by the applicant and the total number of applications within a Zone. RA will issue license/s as per the decisions of the EFC. d. The importer shall furnish the details of Letter of Credit /confirmed contract to the RA concerned within 15 days of getting their import quota at [email protected]. The subject header of this e-mail shall be Name of applicant / IE Code /quantity applied in MT / Name of the RA where application is being filed. Non compliance will attract penalty as per Para (iv) of this notification and automatic cancellation of allocation. e. If an IEC holder intends to import through different Zones, he shall file separate applications to respective RAs as indicated in para (ii.a) above. iii. Validity of Quota: TRQ benefit (duty free) under this Notification shall be available upto and inclusive of 12 th June, 2017 as per Section 15 of the Customs Act, 1962 . iv. Penalty: If, after obtaining license under TRQ, the applicant fails to utilize the quota fully/partially, the applicant shall surrender the unutilized quantity to DGFT at [email protected] by 12 th May, 2017. In such a case, the applicant will be liable to a penalty of 0.5% of the CIF value of the unutilized quota. Failure to intimate the unutilized quantity will further make him liable to penal actions under FT(DR) Act 1992 , as amended from time to time in addition to the penalty of 0.5%. v. Reporting: The license holders shall submit weekly statements (every Monday) indicating the actual arrival of shipments at the Indian ports at [email protected]. vi. Reallocation: The quota so surrendered or cancelled, if any, will be allocated to other eligible applicants within a week . vii. DGFT reserves the right to make any changes in allocation as deemed fit at any point of time including inter- Zonal limits. Effect of this Notification: Import of 5 Lakh MT of raw sugar under Exim Code 170114 of Chapter 17 of ITC (HS), 2017-Schedule-l (Import Policy) is allowed duty free under TRQ. (A K Bhalla) Director General of Foreign Trade F.NO. 01 /89/180/Misc.-13/AM-07/PC-2A
|