Home India Ministry of Commerce and Industry In exercise of powers conferred by Section 5 of FT D and R A...
Date: 2018-03-28 Category: Extra Ordinary State: Union Government Country: India

In exercise of powers conferred by Section 5 of FT D and R Act, 1992, read with paragraph

Issued by Ministry of Commerce and Industry · Directorate General of Foreign Trade

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Executive Summary & Key Takeaways

This notification, No. 57/2015-2020, issued by the Directorate General of Foreign Trade, Ministry of Commerce and Industry, on March 28, 2018, amends the Foreign Trade Policy 2015-2020 regarding the import of raw sugar under the Duty Free Import Authorisation (DFIA) scheme. Specifically, Para 4.25(c) is amended to allow the export of white sugar under DFIA until September 30, 2018, under SION Sl. No. E-52. DFIA in such cases will be issued on or after October 1, 2019, and will be valid for imports until September 30, 2021. Furthermore, Para 4.27(iv) is amended to state that no Duty-Free Import Authorisation shall be issued for inputs subject to pre-import conditions, actual user conditions prescribed by SION, or pre-import conditions prescribed by Appendix 4J. However, this restriction does not apply to raw sugar for exports made until September 30, 2018. The notification is issued under the authority of Section 5 of the Foreign Trade (Development and Regulation) Act, 1992. The file number for reference is F. No. 01/94/180/A-Sugar-AM09/PC-4. Alok Vardhan Chaturvedi, Director General of Foreign Trade and Ex-Officio Additional Secretary, signed the notification.

Key Entities Referenced

Foreign Trade Policy 2015-2020: A policy document regarding foreign trade, which is being amended in this notification. Duty Free Import Authorisation (DFIA) Scheme: A scheme related to duty-free import authorizations, specifically concerning the import of raw sugar. Raw Sugar: A commodity whose import is being regulated under the DFIA scheme, as outlined in the notification. Foreign Trade (Development and Regulation) Act, 1992: The legal act that provides the power for the central government to make amendments to the Foreign Trade Policy. Ministry of Commerce and Industry: The ministry responsible for foreign trade and related policies. Directorate General of Foreign Trade (DGFT): The organization responsible for implementing foreign trade policies and regulations. New Delhi: Location of issuance of notification. Union Territory of Delhi Alok Vardhan Chaturvedi: Director General of Foreign Trade and Ex Officio Additional Secretary
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