The Directorate General of Foreign Trade (DGFT) has extended restrictions for sugar export by one year.
According to the notification issued by DGFT, “The Central government extends the date of ‘Restriction’ on export of sugar (Raw sugar, Refined sugar, and White sugar) under HS codes 1701 14 90 and 1701 99 90 beyond 31st October, 2022 till 31st October, 2023, or until further orders, whichever is earlier.”
This restriction is not applicable to sugar being exported to EU and USA under CXL and TRQ quota. The other conditions will remain unchanged.
It is to be noted that, to maintain the domestic availability and price stability of sugar, the government brought restrictions on sugar exports with effect from 1st June, 2022 till 31st October, 2022.
