sugar import duty

Govt hikes import duty on sugar to 25%; may impact prices

In a move that could lead to increase in sugar prices, the government on Friday hiked the import duty on both raw and refined sugar to 25 per cent from the existing 15 percent.

Aug 22, 2014, 17:04 PM IST

Govt hikes import duty on sugar to 25%; prices may go up

In a move that could lead to rise in the price of sugar, the government on Friday hiked the import duty on it from 15 percent to 25 percent.

Aug 22, 2014, 13:00 PM IST

Sugar costlier by up to Rs 2 per kg on import duty hike

Sugar prices on Tuesday further rose by up to Rs 2 per kg to Rs 33.40 at the wholesale market in the national capital.

Jun 24, 2014, 14:58 PM IST

Sugar prices rise by Rs 60/quintal on import duty hike

Sugar prices rose up to Rs 60 per quintal in its prices on the country's leading wholesale markets on stockists buying after the government raised import duty on the sweetener to 40 percent besides additional interest-free loan of Rs 4,400 crore for mills.

Jun 23, 2014, 19:15 PM IST

Govt mulls extra Rs 4,400 cr interest-free loans to sugar mills

The government on Thursday said it is examining providing additional interest-free loans of Rs 4,400 crore to cash-starved sugar mills to clear dues to cane farmers.

Jun 05, 2014, 21:11 PM IST

PM panel okays Rs 7,200 cr interest-free loans to sugar mills

The ministers also suggested recasting of loans taken by mills as per Reserve Bank norms, incentives to produce 4 million tonnes of raw sugar and setting up of buffer stock, besides doubling ethanol-blending in petrol to 10 percent.

Dec 06, 2013, 16:45 PM IST

Sugar industry seeks hike in import duty and export sops

ISMA, the apex body for sugar industry, Thursday demanded the government increase import duty on sugar and provide assistance for exports to bail out the sector that suffered losses in 2012-13 season.

Oct 17, 2013, 17:14 PM IST

Sugar import to stop after custom duty hike: Pawar

Hike in sugar import duty to 15 percent will halt shipments and boost domestic sales helping millers to clear Rs 9,000 crore outstanding payments to cane farmers, Agriculture Minister Sharad Pawar said Wednesday.

Jul 10, 2013, 17:14 PM IST

Import duty on sugar raised to 15%

In a notification issued by the Central Board of Excise and Customs (CBEC), the duty of both raw and white (refined) sugar have been raised to 15 percent.

Jul 09, 2013, 12:37 PM IST

Govt plans to hike sugar import duty to 15%

The government plans to increase import duty on sugar to 15 percent from the current 10 per percent in order to curb shipments and clear sugarcane arrears to farmers estimated at about Rs 9,000 crore.

Jul 04, 2013, 20:29 PM IST

Fin Min turns down Pawar's proposal to hike sugar import duty

The Finance Ministry has turned down Agriculture Minister Sharad Pawar's proposal to hike sugar import duty immediately so as to address mounting cane arrears, saying such a move would lead to inflation.

Jun 19, 2013, 17:58 PM IST