India’s DGFT has amended the import policy for raw sugar under HS code 170114 in Schedule-1 of ITC(HS) 2022. The notification introduces a one-time conversion mechanism allowing importers to shift from the Advance Authorisation Scheme to a Tariff Rate Quota (TRQ) scheme. This change directly affects the conditions and volumes under which raw sugar may be imported.
Official NewsDgftIn
Amendment to Import Policy for Raw Sugar (HS 170114): Shift from Advance Authorisation to Tariff Rate Quota Scheme
Original: Amendment in import policy of Raw Sugar classified under Exim Code 170114 of Chapter 17 of Schedule–1 (Import Policy) of ITC (HS), 2022 and one-time conversion from Advance Authorisation Scheme to Tariff Rate Quota (TRQ) Scheme – reg.