Export Policy of Bio-fuels.

Notification No: Notification No. 29 /2015-2020
Notification Date: 2018-08-28
Issuing Authority: DGFT-Notification
Subject: Export Policy of Bio-fuels.

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. 29 /2015-2020

New Delhi, Dated: 28 August, 2018

 

Subject: Export Policy of Bio-fuels.

 

1. 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 export policy of biofuels under Chapter 27 of ITC (HS), 2018, Schedule – 2 (Export Policy).

 

2. New entries at Sl. No. 115A, 115B and 115C are inserted in Chapter 27 of Schedule 2 of ITC (HS) Classification of Export & Import Items as follows:

 

S.No. Tariff Item HS Code Unit Item Description Present Policy Revised Policy Policy Condition
115A 22072000 Kg/u  Ethyl alcohol and other spirits, denatured, of any strength. Free Restricted Export is permitted under license only for non-fuel purposes
115B 27102000 Kg/u  Petroleum oils and oils obtained from bituminous minerals (other than crude) and preparations 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 preparations, containing biodiesel, other than waste oils. Free Restricted Export is permitted under license only for non-fuel purposes
115C 38260000 Kg/u  

Biodiesel and mixtures thereof, not containing or containing less than 70 % by weight of petroleum oils and oils obtained from bituminous minerals.

Free Restricted

Export is permitted under license only for non-fuel purposes

 

3. Effect of this Notification:

Export Policy of bio-fuels is revised from 'Free' to 'Restricted' as per the National Policy on Bio-fuels - 2018.

 

(Alok Vardhan Chaturvedi)

Director General of Foreign Trade &

Ex- officio Addl. Secretary to the Government of India

E-mail: dgft@nic.in

 

 (Issued from F.No. 01/91/180/21/AM-18/EC)