Government notifies sugar export quota to EU at concessional rates

By: | Published: September 28, 2016 10:19 PM

Government today fixed an export quota of 10,000 tonnes of white sugar to the European Union under a certain provision for the one-year period from October 2016 till September 2017.

 

Availing the CXL concessions on export to the EU, traders can export sugar at relatively low or zero tariff. (Reuters)Availing the CXL concessions on export to the EU, traders can export sugar at relatively low or zero tariff. (Reuters)

Government today fixed an export quota of 10,000 tonnes of white sugar to the European Union under a certain provision for the one-year period from October 2016 till September 2017.

 

The Director General of Foreign Trade said that it has allocated “a quantity of 10,000 tonnes of white sugar under CXL concessions to European Union (EU) for the period October, 2016 to September, 2017”.

As per a provision of European Union Regulation, release for free circulation for the quotas of CXL concession sugar shall be subject to the presentation of a Certificate of Origin issued by the competent authority of the third country concerned.

“The quantity of sugar to be exported to EU under CXL Quota upto 30.09.2017 has been notified,” it said in a public notice.

Availing the CXL concessions on export to the EU, traders can export sugar at relatively low or zero tariff.

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