MANILA, Philippines — The Sugar Regulatory Administration (SRA) has given importers of sugar alternate options till the top of November to register as a world sugar dealer or else run the chance of their shipments being held at port.
The SRA issued Memorandum Round 6 that outlined the rules for the implementation of particular provisions of the company’s newest guidelines on imported sugar alternate options.
Underneath the MC, importers of different sugars below Chapter 17 of the 2022 Asean Harmonized Tariff Nomenclature should register with the SRA as a world sugar dealer (different sugars and sugar confectionery).
The registration will permit the entities to safe a clearance for launch of imported commodities for his or her sugar various shipments. The SRA gave importers till Nov. 30 to register.
Beginning Dec. 1, all importers who aren’t licensed with the SRA is not going to be issued with a launch clearance for his or her commodities.
The SRA mentioned it started accepting functions from the importers and merchants final Feb. 3.
The SRA earlier issued this yr Sugar Order 6 that imposed an import clearance payment of P60 per metric ton of imported sugar various.
The brand new payment applies on all sugar alternate options and sugar-based objects below tariff headings 1701, 1702 and 1704.
Commodities belonging to 1701 embody sucrose, specialty sugar, flavored syrup whereas these below 1702 embody so-called “different sugars” like lactose, glucose, maltose, maple syrup, honey and caramel.
Items below tariff heading 1704 are sugar confectionery objects similar to chewing gum and white chocolate not containing cocoa.
The measure is meant to seize the amount of imported sugar alternate options and sugar-based merchandise that enter the nation after varied quarters clamored for such regulatory coverage as they claimed that this stuff displace the usage of regionally produced sugar.
The SRA famous that the issuance of launch clearance for imported sugar alternate options wouldn’t take past three days from the day of issuance of official receipt.
Moreover, the SRA mentioned it will conduct random monitoring and bodily inspections of shipments of imported sugar alternate options.
