Wait...
Search Global Export Import Trade Data
Recent Searches: No Recent Searches

India starts talk with UK, EU on concessional sugar exports post Brexit.


Date: 09-09-2019
Subject: India starts talk with UK, EU on concessional sugar exports post Brexit
India has initiated talks with the UK and European Union (EU) to work out the quantum of sugar exports at concessional rates following the Brexit, sources said.

Currently, the EU permits India to export 10,000 tonne of sugar at concessional duty rates under the CXL quota.

However, after the exit of the UK from the EU, this quantity needs to be re-negotiated, they said.

By availing the CXL concession on export to the EU, Indian traders export sugar at relatively low customs duty.

Similarly, officials of India, the EU and the UK are also discussing modalities for carrying forward the anti-dumping duties which have been imposed on companies in the EU.

The EU, an economic and political bloc of 28 countries, allows people to move freely and work in any of these nations. It also permits free trade among the member countries.

The EU is a major trading partner of India. India's exports to the EU in 2018-19 stood at $57.17 billion in 2018-19, while imports were $58.42 billion in the same fiscal.

Similarly, India-UK bilateral trade has increased to $16.87 billion in 2018-19 from $14.5 billion in the previous fiscal.

In a referendum on June 2016, people of the UK voted in favour of Brexit by a thin majority. There is a deadline of October 31 for Brexit.

Source: moneycontrol.com

Get Sample Now

Which service(s) are you interested in?
 Export Data
 Import Data
 Both
 Buyers
 Suppliers
 Both
OR
 Exim Help
+


What is New?

Date: 18-09-2025
Corrigendum
Corrigendum to Notification No. 9/2025 – Central Tax (Rate) dated 17.09.2025

Date: 17-09-2025
Notification No. 13/2025-Central Tax (Rate)
Seeks to amend Notification No. 21/2018- Central Tax (Rate) dated 26.07.2018.

Date: 17-09-2025
Notification No. 14/2025-Central Tax (Rate)
Seeks to notify GST rate for bricks.

Date: 17-09-2025
Notification No. 37/ 2025-Customs
Seeks to amend Notification No.19/2019-Customs dated 06.07.2019

Date: 17-09-2025
Notification No. 38/ 2025-Customs
Seeks to amend Notification No.29/2025-Customs dated 09.05.2025

Date: 17-09-2025
Notification No. 39/2025-Customs
Seeks to amend Notification No.50/2017-Customs, dated 30.06.2017

Date: 17-09-2025
NOTIFICATIONNo. 15/2025 – Central Tax
Seeks to exempt taxpayer with annual turnover less than Rs 2 Crore from filing annual return.

Date: 17-09-2025
NOTIFICATION No. 16/2025–Central Tax
Seeks to notify clauses (ii), (iii) of section 121, section 122 to section 124 and section 126 to 134 of Finance Act, 2025 to come into force.

Date: 17-09-2025
Notification No. 12/2025-Central Tax (Rate)
Seeks to amend Notification No. 8/2018- Central Tax (Rate) dated 25.01.2018.

Date: 17-09-2025
NOTIFICATION No. 14/2025 – Central Tax
Seeks to notify category of persons under section 54(6).



Exim Guru Copyright © 1999-2025 Exim Guru. All Rights Reserved.
The information presented on the site is believed to be accurate. However, InfodriveIndia takes no legal responsibilities for the validity of the information.
Please read our Terms of Use and Privacy Policy before you use this Export Import Data Directory.

EximGuru.com

C/o InfodriveIndia Pvt Ltd
F-19, Pocket F, Okhla Phase-I
Okhla Industrial Area
New Delhi - 110020, India
Phone : 011 - 40703001