The Head /Principal Offices of all
Authorized Dealers in Foreign Exchange
Dear
Sirs/Madam
Import
of Raw Sugar
It is clarified for the information of all the Authorized
Dealers that the import of raw sugar by the private sector
is allowed without limit / time bar, from worldwide sources
except India and Israel. Therefore, Authorized Dealers may
establish LCs for the import of raw sugar without obtaining
prior approval from State Bank.