The Directorate General of Foreign Trade (DGFT) has issued Public Notice 28/2026-27, detailing the application and allocation process for the balance quantity under the Tariff Rate Quota (TRQ) scheme. This scheme pertains to the import of 10 lakh metric tonnes of raw sugar. The notice specifies the modalities that importers must follow to apply for the TRQ allocation.
This notice is crucial for importers dealing with raw sugar, as it outlines the specific procedures and requirements for applying under the TRQ scheme. The TRQ allows for a reduced tariff rate on a specified quantity of imports, which can significantly impact cost and supply chain planning. Importers need to ensure compliance with the new guidelines to benefit from the reduced tariffs.
1) Open the official notice
2) Check whether your CTH, documents or policy line is touched
3) Ask Neo's CHA before changing Bill of Entry or Shipping Bill practice