TMI BlogGuidelines for applying/obtaining quota for export of sugar to USA under Tariff rate quota (TRQ).X X X X Extracts X X X X X X X X Extracts X X X X ..... As per Notification No 3/2015-2020 dated April 20, 2015 issued by Directorate General of Foreign Trade, Department of Commerce, Govt. of India, New Delhi (DGFT) the export of Sugar to USA under TRQ is allowed subject to the following conditions: 1. The quota will be operated by Agricultural and Processed Food Products Export Development Authority (APEDA), New Delhi. 2. This will be subject to quantitative ceiling notified by DGFT from time to time. 3. The exporters shall be required to furnish the details of actual exports (viz. quantity, value, destination, name and address of foreign buyers etc.) to APEDA, New Delhi. 4. Certificate of Origin, if required, shall be issued by additional DGFT, Mumbai. For the US fiscal year ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... nexure I. (iii) Again the decision on all applications received by June 20, 2015 will be taken and Registration-cum-Allocation-Certificate (RCAC) issued by APEDA in 3 working days. In case, any balance quantity of quota is available after this allocation same procedure would be adopted on monthly basis till allocations are made and RCAC issued for total available quota quantity for the sugar year ending September 30, 2015. (iv) The application would be accompanied by a Bank Guarantee in the format as per Annexure II, in Indian Rupees for an amount equivalent to 5% of the value of the quota quantity at the FOB price applied for. (v) Processing charges of ₹ 10 per MT of the quantity applied for shall be paid by the applicants. ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ity surrender, if any, would be added to the balance available quota quantity to be announced on APEDA website by First day of the next month as per clause (ii) above. Krishan Kumar Chairman New Delhi May 5, 2015 Annexure I Application for Obtaining Quota for Export of Raw Sugar( at 98 degree pol) to USA under TRQ 1. Name /Address of the : Applicant Telephone/Fax Email address 2. APEDA/FIEO Registration NO: 3. I .E. Code No: 4. Quantity Applied for in MT: 5. FOB Price USD/MT: 6. Performance Guarantee Amount (5% of total FOB value of quantity applied for): Rs 7. Date Validity of Performance Guarantee (minimum 180 days from the date of application): 8. Name and address of I ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... f raw sugar to USA under TRQ at the FOB India price of USD .....per MT. AND WHEREAS the exporter is required to furnish alongwith the application. Performance Bank Guarantee equivalent to 5% of the total FOB value of the quantity applied for in Indian Rupees in terms of the above said Trade Notice. AND WHEREAS the exporter is required to export of raw sugar within period of the validity given in the Registration -cum-Allocation Certificate (RCAC) to be issued by APEDA. 1. We (name and address of a Scheduled Indian Bank) hereinafter called THE BANK do hereby undertake and promise to pay the APEDA, New Delhi an amount of Rs.__________ (Rupees ________________________________________________) in the event of failure of the exporte ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... f the said Order have been fully and properly carried out by the said exporter. Unless a demand or claim under this guarantee is made on us in writing upto 6 months from the date of expiry of this guarantee in respect of non-performance regarding export of Sugar to USA under TRQ, we shall be discharged from all liabilities under this guarantee further. 4. We, the _________________________ Bank further agree that the APEDA shall have the fullest liberty without consent and without affecting in any manner our obligation hereunder, to vary any of the terms and conditions of the said Trade Notice from time to time to postpone for any time or from time to time any of the powers exercisable by the APEDA against the said exporter and to forebea ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... y change in the constitution of the Bank and/or the exporter. 8. Dated at _________________ this _____________________ day of_______________2015. In presence of ______________________________ (Signature of the Guarantor) Signature of Applicants (to be signed by the Proprietor/Managing Director/Authorised Signatory/Managing Partner of the unit showing his Designation as such) Date : Seal : Annexure III Format for Submission of Details of Export of Raw Sugar to USA under TRQ Name of the Exporter: APEDA/ FIEO Registration No : RCAC No. and Date Quantity in MT Consignee/Importer Date of Bill of Lading FOB ..... X X X X Extracts X X X X X X X X Extracts X X X X
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