NOTIFICATION NO. 06/2019, DT. 24/05/2019
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 |
Existing Policy Condition |
Revised Policy |
Revised Policy Condition |
|
22072000 |
Ethyl alcohol and other spirits, denatured, of any strength. |
Restricted |
Import is allowed only for non-fuel purposes subject to Actual User condition. |
Restricted |
- |
|
27102000 |
Petroleum oils and oils obtained from bituminous minerals (other han 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. |
Restricted |
Import is allowed only for non-fuel purposes subject to Actual User condition. |
Restricted |
- |
|
38260000 |
Biodiesel and mixtures thereof, not containing or, containing less than 70 % by weight of petroleum oils and, oils obtained from bituminous minerals. |
Restricted |
Import is allowed only for non-fuel purposes subject to Actual User condition. |
Restricted |
– |
Effect of the Notification: Policy condition providing for free import of bio-fuels by actual users is deleted. Import policy of bio-fuels is “restricted” for all purposes and its import will require import licence from DGFT.
The issues with the approval of minister of Commerce & Industry
(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)
Note: The principal notification No. 36/2015-2020, dated the 17th January, 2017 was published in the Gazette of India, Extraordinary vide number S.O.172(E), dated the 17th January, 2017 and amended vide notification No. 27/2015-2020, dated the 21st August, 2018 was published in the Gazette of India, Extraordinary vide number S.O. 4054 (E), dated the 21st August, 2018.
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