NOTIFICATION NO. 27/2018, DT. 21/08/2018
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 - I (Import Policy.
|
Exim Code |
Item Description |
Present Policy |
Policy Conditions |
Proposed Policy |
Proposed Policy Conditions |
|
22072000 |
Ethyl alcohol and other spirits, denatured, of any strength. |
Free |
- |
Restricted |
Import is allowed only for non-fuel purposes subject to Actual User condition. |
|
27102000 |
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 |
Import is allowed 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 |
- |
Restricted |
Import is allowed 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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