Conditions and modalities for registration of contracts of sugar with DGFT- relaxation of (-) 5% by weight in export of sugar

Government of India; Ministry of Commerce & Industry; Department of Commerce; Directorate General of Foreign Trade

Policy Circular No.  3 (RE-2012)/2009-14; Dated the  23rd August, 2012

 All Customs Authorities / All Regional Authorities / Members of Trade.

 Subject:- Conditions and modalities for registration of contracts of sugar with DGFT- relaxation of (-) 5% by weight in export of sugar.

 Through Policy Circular No 62 (RE-2010)/2009-14 dated 14.05.2012, conditions and modalities for registration of contracts with Regional Authorities of DGFT for export of sugar in the current sugar season (1st October, 2011-30th September, 2012) were notified.  This was amended vide Policy Circular No. 63 (RE-2010)/2009-14 dated 16.05.2012.

2. It has been decided with the approval of Competent Authority that a variation of (-) 5% in weight against Registration Certificates issued for export of sugar shall be allowed.  Thus, a variation of (-) 5% in weight in exports of sugar against registered contracts shall not be treated as default for the purpose of imposition of penalty or debarment from future registrations.

3.This issues with the approval of Director General of Foreign Trade.

 (Daya Shankar)

Deputy Director General of Foreign Trade

Email: daya.shankar@nic.in

(Issued from F.No 01/91/180/879/AM08/Export Cell/Part) 

profile image

About Taniya

Taniya | Associate

eMinds Legal Consulting Pvt. Ltd. is a Consulting Firm in India specialzing in Corporate Laws, Compliances, Secretarial, FEMA, Indirect Taxation, Cyber Laws & Contracts. The Firm comprises of a team of professionals of Company Secretaries, Lawyers and Chartered Accountants with an in-depth subject matter knowledge and participative industry experience of over 12 years.

Corporate Law Referencer

Recent Articles

Recent Legal updates

Recent Gst Updates