NOTIFICATION NO. 50/2013, DT. 11/11/2013
Exemption from the requirement of NOC for export of Kerosene and Liquified Petroleum Gas (LPG) by Indian Oil Corporation Ltd to Nepal & Bhutan.
S.O.(E) In exercise of the powers conferred by Section 5 of the Foreign Trade (Development & Regulation) Act, 1992 (No.22 of 1992) read with Para 1.3 of the Foreign Trade Policy, 2009-2014, the Central Government, with immediate effect, hereby re-notifies Chapter 27 of Schedule 2 of ITC(HS) Classification of Export and Import Items.
2. The existing entries in the Nature of Restriction against Sl. No. 114 & Sl. No. 115 in Chapter 27 of Schedule 2 of ITC(HS) Classification of Export and Import Items are being substituted. Accordingly, the amended entries in Chapter 27 would be as follows:
Chapter 27
Mineral Fuels; Mineral Oils and Products of their Distillation; Bituminous Substances; Mineral Waxes
|
S.No. |
Tariff Item HS Code |
Unit |
Item Description |
Export Policy |
Nature of Restriction |
|
113 |
27090000 |
Kg |
Crude Oil |
STE |
Export through Indian Oil Corporation Limited |
|
114 |
27101910 |
Kg |
Kerosene |
Free |
Export allowed subject to obtaining NOC from Ministry of Petroleum & Natural Gas.
The above condition would not be applicable for export of Kerosene to Nepal & Bhutan by the Indian Oil Corporation Ltd. |
|
115 |
27111900 |
Kg |
Liquefied Petroleum Gas (LPG) |
Free |
Export allowed subject to obtaining NOC from Ministry of Petroleum & Natural Gas.
The above condition would not be applicable for export of Liquefied Petroleum Gas (LPG) to Nepal & Bhutan by the Indian Oil Corporation Ltd. |
3. Effect of this notification:
Export of Kerosene and LPG to Nepal & Bhutan by Indian Oil Corporation has been exempted from the requirement of NOC from Ministry of Petroleum & Natural Gas.
(Anup K. Pujari)
Director General of Foreign Trade
E-mail: dgft[at]nic[dot]in
(Issued from F.No.01/91/180/204/AM14/Export Cell)