The Directorate General of Foreign Trade (DGFT) has announced an important update for holders of Tariff Rate Quota (TRQ) allocated for the import of 10 lakh MT of Raw Sugar.
Through Public Notice No. 30/2026-2027 dated 14 September 2026, DGFT has extended the timeline for surrendering any unutilised TRQ quantity.
· What is the Latest DGFT Update?
Under the latest Public Notice, TRQ holders can surrender their unutilised Raw Sugar TRQ allocation up to 30 September 2026.
This extension provides additional time to TRQ holders who are unable to utilise their allocated quantity and wish to surrender the balance as per the applicable procedure.
· Key Points of Public Notice No. 30/2026-2027
1. Extended Deadline for TRQ Surrender
The deadline for surrendering unutilised TRQ quantity has been extended up to:
30 September 2026
TRQ holders should review their remaining allocation and take appropriate action within the extended timeline.
2. 0.5% Payment on Surrendered Quantity
For surrendering the unutilised quantity, the TRQ holder is required to pay an amount equivalent to 0.5% of the CIF value of the surrendered quantity, as prescribed under the existing modalities.
3. Other Conditions Remain Unchanged
The DGFT has clarified that all other terms and conditions of Public Notice No. 27/2026-2027 dated 20 August 2026 remain unchanged.
· What Should Raw Sugar TRQ Holders Do?
Businesses holding Raw Sugar TRQ allocationshould:
- Check their allocated TRQ quantity.
- Calculate the unutilized quantity.
- Review whether the remaining quantity can be utilised within the applicable period.
- If surrendering the balance, follow the prescribed procedure.
- Consider the applicable 0.5% CIF value payment.
- Ensure the surrender is completed on or before 30 September 2026.
· Conclusion
The extension announced by DGFT gives Raw Sugar TRQ holders additional time to surrender unutilised TRQ quantity. Businesses should carefully review their allocation and ensure compliance with the applicable TRQ conditions before the revised deadline.
Important: This blog is based on DGFT Public Notice No. 30/2026-2027 dated 14 September 2026. The uploaded notice specifically confirms the extension up to 30 September 2026, the 0.5% CIF value payment, and continuation of the other conditions of Public Notice No. 27/2026-2027.
DGFT Public Notice No. 30/2026-2027
Dated: 14 September 2026.