Home India Ministry of Commerce and Industry In exercise of the powers conferred under Paragraph 2 04 of ...
Date: 2018-12-24 Category: Extra Ordinary State: Union Government Country: India

In exercise of the powers conferred under Paragraph 2 04 of the Foreign Trade Policy

Issued by Ministry of Commerce and Industry · Department of Commerce

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Executive Summary & Key Takeaways

**Summary:** This Public Notice No. 62/2015-2020, issued by the Directorate General of Foreign Trade, Department of Commerce, Ministry of Commerce and Industry, clarifies the definition of "raw sugar" for preferential exports to the USA under the Tariff Rate Quota (TRQ) for the year 2018-19. The notice, dated December 24, 2018, amends Public Notice No. 38/2015-20, dated September 13, 2018. Specifically, the term "raw sugar" is now defined as all kinds of raw cane sugar with HS Codes 170113 and 170114 (at the six-digit level). This clarification is effective for the purpose of exporting preferential quota sugar to the USA under the TRQ. The authority for this notice is derived from Paragraph 2.04 of the Foreign Trade Policy 2015-2020, as amended. Alok Vardhan Chaturvedi, Director General of Foreign Trade and Ex-officio Additional Secretary, issued the notice.

Key Entities Referenced

Ministry of Commerce and Industry: The Indian government ministry responsible for international trade and commerce. Directorate General of Foreign Trade: The agency responsible for implementing the foreign trade policy of India. Foreign Trade Policy 2015-2020: The prevailing foreign trade policy of India during the period relevant to the document. USA: The United States of America, the destination for preferential sugar exports under the Tariff Rate Quota. Tariff Rate Quota (TRQ): A quota system allowing a specific quantity of goods to be imported at a reduced tariff rate. HS Code 170113: Harmonized System code for raw cane sugar at six digit level. HS Code 170114: Harmonized System code for raw cane sugar at six digit level. Alok Vardhan Chaturvedi: Director General of Foreign Trade and Ex-officio Additional Secretary.
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