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Only ISGIEIC is authorised to effect export of white cane sugar as well as raw cane sugar to the EU and also to the USA. Therefore whatever certification is required the same will have to be made on the documents to be submitted by ISGIEIC only. In cases of EU also, there is no change in respect of GSP Certification.
A security would be considered as volatile if the price of the security varies by plus minus 16% or more in a single trading cycle. For the purpose of computing this price variation, the closing price at the end of each day of the security will be compared with the closing price at the end of the previous settlement.
