Government Adjusts TRQ Scheme, Allows Flexible Sale Timeline
In a bid to stabilise the domestic sugar market, the Indian government has modified the TRQ (Tariff Rate Quota) framework for raw sugar. While the quota of 1 million tonnes of duty‑free raw sugar remains intact, the mandatory processing deadline of October 31 has been replaced with a two‑month window from the bill of entry filing date.
The amendment seeks to ensure that imported raw sugar can be turned into white or refined sugar and sold without causing supply bottlenecks. It also retains the earlier decision to permit a single conversion of SION‑E‑52 advance authorisations, allowing the inclusion of both imported raw sugar and pre‑existing refined stock.
Officials say the policy will help keep sugar prices in check during the upcoming festive buying season.
