Amendment in import policy of biofuels.

Notification No: Notification No.27/2015-2020
Notification Date: 2018-08-21
Issuing Authority: DGFT-Notification
Subject: Amendment in import policy of biofuels.

To be published in the Gazette of India Extraordinary Part-II, Section-3, Sub-Section (II)

Government of India

Ministry of Commerce & Industry

Department of Commerce

Directorate General of Foreign Trade

 

Notification No.27/2015-2020

New Delhi, Dated:21 August, 2018

 

Subject: Amendment in import policy of biofuels.

 

S.O. (E): In exercise of powers conferred by Section 3 of FT (D&R) Act, 1992, read with paragraph 1.02 and 2.01 of the Foreign Trade Policy, 2015-2020, as amended from time to time, the Central Government hereby amends the import policy of biofuels under Chapter 22, 27 and 38 of ITC (HS), 2017, Schedule – 1 (Import Policy.

 

 

Exim Code Item Description Present Policy Policy Conditions Proposed Policy Proposed Policy Condition
22072000 Ethyl alcohol and other

spirits, denatured, of any

allowed only strength.

Free - Restricted Import is Allow only for non-fuel purposes subject to Actual User condition.
27102000 Petroleum oils and oils obtained from bituminous minerals (other than crude) and preparation not elsewhere specified or included, containing by weight 70% or more of petroleum oils or of oils obtained from bituminous minerals, these Oils being the basic constituents of the preparation, containing biodiesel, other than waste Oils. Free - Restricted Import is Allow only for non-fuel purposes subject to Actual User condition.
38260000 Biodiesel and mixtures thereof, not containing or containing less than 70% by weight of petroleum oils and Oils obtained from bituminous minerals Free -   Import is Allow only for non-fuel purposes subject to Actual User condition. 

 

Effect of the Notification: Import Policy of bio-fuels revised from 'Free' to 'Restricted' and allowed for non-fuel purpose on Actual user basis as per the National bio-fuel Policy, 4 June 2018.

 

(Alok Vardhan Chaturvedi)

Director General of Foreign Trade &

Ex- officio Addl. Secretary to the Government of India

 

(F.No. 01/89/180/01/AM-19/PC-2(A)/e - 11101)

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