TMI BlogTRQ 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)X X X X Extracts X X X X X X X X Extracts X X X X ..... 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. ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 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 Mang ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 2 . 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 sugarimporttrq-dgft@nic.in 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 sugarimporttrq-dgft@nic.in. vi. Reallocation: The quota so surrendered ..... X X X X Extracts X X X X X X X X Extracts X X X X
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