The Government of India, through the Director General of Foreign Trade (DGFT), has issued Public Notice No. 50 (RE-02)/2002-2007 on November 29, 2002, regarding changes in the export and import policy under the Export and Import Policy 2002-2007. The amendment updates the Standard Input Output Norms in the Handbook of Procedures, Vol.2. Specifically, for White Sugar (Sr.No. E-52), the new norm stipulates that 1.05 MT of Raw Sugar is allowed for every 1 MT of White Sugar exported. Additionally, the sucrose content in Raw Sugar must range between 98.5% and 99.5% according to the polarimeter reading. Export of White Sugar will only be permitted after the import of Raw Sugar. Exporters with cases outside this sucrose range may file applications under Paragraph 4.7 of the Export-Import Policy. This amendment aims to ensure a smooth flow of sugar trade and is issued in public interest.
GOVERNMENT OF INDIA
MINISTRY OF COMMERCE & INDUSTRY
DEPARTMENT OF COMMERCE
PUBLIC NOTICE NO. 50 (RE- 02)/ 2002-2007
NEW DELHI : DATED : 29/11/2002.
Attention is invited to Paragraph 2.4 of the Export and Import Policy 2002-2007, as amended and Paragraphs 4.9 and 4.10 of the Handbook of Procedures, Vol.1, 2002-2007, as amended and also to the Handbook of Procedures, Vol.2, 2002-2007, as amended from time to time.
2. In exercise of the powers conferred under Paragraph 2.4 of the Export and Import Policy 2002-2007, as amended, the Director General of Foreign Trade hereby makes the following amendments in the Handbook of Procedures, Vol.2, 2002-2007, as amended.
3. In the statement of Standard Input Output Norms as contained in the Handbook of Procedures, Vol.2, 2002-2007, as amended, following amendment shall be made:-
1. | 912 |
Food ProductsSr.No.E-52 |
The norm covered by this entry shall be substituted by the following:- |
Sr.No. | Export Item | Qty. | Import Item | Qty. Allowed |
E52 | White Sugar | 1 MT | 1. Raw Sugar | 1.05 MT |
Note : 1. Content of sucrose by weight, in dry state, in raw sugar must correspond to a polarimeter reading of less than 99.5% but not less than 98.5%.
Note : 2. Export of White Sugar shall be permitted only after import of Raw Sugar. |
4. For other cases not covered under polarimeter range of 98.5% to 99.5% as above, exporters may file applicationsunder para 4.7 of the Exim Policy.
5. This issues in public interest.
( L. MANSINGH )
DIRECTOR GENERAL OF FOREIGN TRADE
(R. C. SAINI)
DIRECTOR GENERAL OF FOREIGN TRADE
FOR DIRECTOR GENERAL OF FOREIGN TRADE