Policy Circular No.6/97-98 dated the 17.6.97
Export of sugar to EU & USA through ISGIEIC -Ceiling Enhanced- Sub:
- Export of Sugar from the free sale quota of 1996-97 Sugar Season (Oct. -Sept.)
Attention is invited to the entry at S.No. 25 of Schedule 2 Appendix 1 of the book titled "ITC (HS)Classifications of Export and Import Items 1997-2002", Export Instruction No. 17/96-97 dated 13th February, 1997 releasing a ceiling of 2,50,000 (two lakh fifty thousand) MTs for export of Sugar during the period October, 1996 to September, 1997 and to the policy Circular No. 3/97-98 dated 22.4.97 whereby the quantity of sugar earmarked for export by M/s. Indian Sugar & General Industry Export Import Corporation (ISGIEIC) Ltd. under preferential arrangements was enhanced from 20.000 MTs to 35,500 MTs as per the details indicated in the said circular.
2. It has now been decided to enhance the quantity of 35,500 (thirty five thousand and five hundred) MTs of Sugar earmarked for export by M/s. Indian Sugar & General Industry Export Import Corporation (ISGIEIC) Ltd. to a quantity of 36,300 (thirty six thousand and three hundred) MTs for export to European Union (EU) and USA under the preferential arrangements as per the details indicated below:-
1. European Union (EU) |
(a) White Sugar | 10,000 MTs
|
(b) Raw Sugar | 10,500 MTs |
2. U.S.A. |
Raw Sugar | 15,800 MTs |
3. The Indian Sugar & General Industry Export Corporation (ISGIEIC) Ltd. shall be the sole agency Authorised to export Raw/White Sugar to the European Union and USA against the preferential ceiling as indicated above. The export of above quantity of Raw/White Sugar to the European Union and the USA under the preferential arrangements as indicated above shall also be subject to prescribed pre-shipment certification by the Export Inspection Council.
4. The overall quantity ceiling of 2,50,000 (two lakh fifty thousand) MTs for export of Sugar from the free sale quota of 1996-97 Sugar Season i.e. from the period of 1 st October 1996 to 30th September, 1997 and also the other terms and conditions of the above referred Export Instruction No. 17/96-97 dated 13th February, 1997 shall remain unchanged.
Sd/-
(Ashutosh Mishra)
Dy. Director General of Foreign Trade
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