Under tariff-rate quota (TRQ), the government on Friday permitted export of 8,424-tonne raw sugar to the US. It enables shipments to enjoy relatively low tariff.
The directorate general of foreign trade (DGFT) said in a public notice, “The quantity of raw sugar 8,424 MTRV (metric ton raw value) to be exported to the US under TRQ up to September 30, 2021, is notified.”
India exports duty-free sugar to the US for up to 10,000 tonnes annually under preferential quota arrangement.
