Central Government specifies extension of timeline for surrender of unutilized TRQ Quantity allocated for import of raw sugar

The Directorate General of Foreign Trade (“DGFT”) extends the timeline for surrender of unutilised Tariff Rate Quota (“TRQ”) quantity allocated for import of raw sugar under TRQ.  TRQ holders can surrender any unutilised quantity allocated under the TRQ up to 30^th September 2026, provided that there is payment of 0.5% of CIF value of surrendered quantity.

All other terms and conditions of the public notice as stated in trail mail, will remain unchanged.

Source: Directorate General of Foreign Trade