India doubles sugar stock limits for bulk importers

Government eases restrictions on imported sugar while keeping domestic limits tight.

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India doubles sugar stock limits for bulk importers

Government eases restrictions on imported sugar while keeping domestic limits tight.

In brief

Government eases restrictions on imported sugar while keeping domestic limits tight. Bulk sugar users can now hold 30 days of imported sugar stock, double the previous limit, but domestic sugar remains capped at 15 days. Originally reported by The Economic Times.

Stock limits relaxed for bulk users

The Department of Food and Public Distribution raised the stock holding limit for bulk sugar consumers from 15 days to 30 days on Friday.

Who qualifies as bulk users

The new rules apply to businesses that consume more than 10 tonnes of sugar per month.

Only imported sugar gets extension

The 30-day limit applies only to sugar imported under the Advance Authorisation Scheme or the Tariff Rate Quota.

Domestic sugar stays restricted

Sugar purchased from Indian suppliers remains subject to the original 15-day stock holding limit.

Two-tier system now in effect

Bulk users can hold 30 days of imported stock plus 15 days of domestic stock simultaneously under the new policy.

What matters most

Bulk sugar users can now hold 30 days of imported sugar stock, double the previous limit, but domestic sugar remains capped at 15 days.

Read the original on The Economic Times

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