India allows additional 3,675 tonnes of sugar export to UK under concessional duty quota

The government has permitted export of an additional 3,675 tonnes of raw/refined sugar under tariff-rate quota to the United Kingdom, TRQ is for a volume of exports that enter the UK art relatively low tariffs. After the quota is reached, a higher tariff applies to the exports. The additional quantity of 3,675.13 tonne of raw/refined sugar to be exported to September 30 this year is notified, Directorate General of Foreign Trade said in a public notice.
It said the quota will be operated by Agricultural and Processed Food products Export Development Authority as the implementing agency for the export. This additional quantity of sugar is beyond the EU CXL sugar quota of 10,000 tonnes during 2020-21 notified by the DGFT last year. Availing the CXL concessions o export to the EU, traders can export sugar at a relatively low of zero customs duty.

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