The Council for the allocation of additional sugar import tariff quotas of the 2021-2022 crop year has just issued a notice on the organization of the allocation of additional sugar import tariff quotas of the 2021-2022 crop year by auction method.

Accordingly, traders proposed to allocate additional sugar import tariff quotas of crop year 2021-2022 by auction method are traders directly using sugar as production materials and traders using raw sugar. To produce refined sugar, it is proposed to allocate tariff quotas on sugar imports by auction method.

Specifically, traders using raw sugar to produce refined sugar are only requested to allocate additional tariff quotas for raw sugar imports of the crop year 2021-2022 by auction method. Traders that directly use sugar as production materials are only requested to assign additional tariff quotas for imported refined sugar of the crop year 2021-2022 by auction method.

Type and quantity of additional sugar tariff quotas of the crop year 2021-2022 are assigned as follows: The quota amount of raw sugar import tariff: 160,000 tons (HS code 17.01); Import tariff quota for refined sugar: 40,000 tons (HS code 17.01).

The starting price is 1,700,000 VND/ton; Price step: 50,000 VND/ton; Pre-order: (starting price x number of registered lines for import tariff quota assignment) x 10%.

Traders can submit dossiers by post or directly to the standing department of the Auction Council (Import and Export Department - Ministry of Industry and Trade) at the address: 23 Ngo Quyen, Hoan Kiem District, Hanoi. The time is from 8:00 a.m. on December 2, 2022 to 5:00 p.m. on December 16, 2022.

It is expected that the allocation session of additional sugar import tariff quotas of the crop year 2021-2022 by auction method will take place at the Meeting Room of the Ministry of Industry and Trade (address: 23 Ngo Quyen, Hoan Kiem district, Hanoi ) . Hanoi) at 9:00 am, December 23, 2022.