MoCAFPD notified regarding the first Reallocation of Export Quota for export during Sugar Season 2024-25

Feb 11, 2025 | by TeamLease RegTech Legal Research Team

Free Legal updates for the week 00


Industry Specific ComplianceThe Ministry of Consumer Affairs, Food and Public Distribution (MoCAFPD) on February 10, 2025, issued the notification regarding the first Reallocation of Export Quota for export during Sugar Season 2024-25 and consequent adjustment of Monthly release quantity on account of exchange of export quantity with domestic monthly release quantity.

The following has been stated namely: -

• The Government has allowed the export of 10 LMT of sugar along with the modalities for export of sugar.

• DFPD has decided to allow exchange of export quota quantity from the quantity of monthly release quota. In this regard, requests along with agreements between sugar mills involved in exchange of their Export quantity and domestic monthly release quantity have been examined in this Department and accordingly additional export quantity has been allocated and domestic quota of the sugar mills have also been adjusted

• The details have been stated in Annexure.

[Notification No. F.No. 2-1/2025-Trade]


Bookmark

Related Updates



Alternate Text

Get updates on the go on RegUpdate Mobile App.

NEW  ·  AI ASSISTANT