The Govt has clarified that export of imported raw sugar after refining, will not attract any duty. This paves the way for movement of various shipments that were stuck at ports. As a result, about 200,000 tonnes of refined sugar were stuck for days, worth Rs. 700 crore. In an effort to curb rising prices, the Govt has imposed a duty of 20% on locally produced sugar.
Sugarcane| The Govt has clarified that export of imported raw sugar after refining,
July 9, 2016 10:18 AM | Skymet Weather Team