ISLAMABAD, Jan 13: The government has notified conditions for duty-free import of 200,000 tons of raw sugar for the purposes of refining to white sugar.
According to the conditions notified through a customs notification released here on Thursday, the customs duty exemption should only be available to raw sugar imported in bulk - not bagged; exemption should not apply to raw sugar imported After April 30, 2005; the raw sugar so imported shall be above 600 ICUMSA (a scale on which colour of sugar is measured) and a pre-shipment certificate to this effect shall be necessary; the letter of credit opened shall be registered with the State Bank for the purpose of this notification to reach a cumulative total of 200,000 tons and letters of credit for import of only 200,000 tons shall be opened on C&F free out basis.
