Wait...

Online India Export Import Data Search

Complete Training Video : Click Here

Amendment in import policy of fuels, incidental to the import of ship for ship breaking, under Chapter 27 of ITC (HS), 2012 Schedule 1 (Import Policy)., DGFT Notification No 07/ 2015-2020, 20-05-2015



Date: 20-05-2015
Notification No: DGFT Notification No 07/ 2015-2020
Issuing Authority: DGFT  
Type: Notification
File No: File No.IPC/4/5/ (684)/97-02/PC-2 (A)
Subject: Amendment in import policy of fuels, incidental to the import of ship for ship breaking, under Chapter 27 of ITC (HS), 2012 Schedule 1 (Import Policy).

Government of India
Ministry of Commerce & Industry
Department of Commerce
Udyog Bhawan, New Delhi

Notification No. 07 /2015-2020

Dated the 20th May, 2015

Subject: Amendment in import policy of fuels, incidental to the import of ship for ship breaking, under Chapter 27 of ITC (HS), 2012 – Schedule – 1 (Import Policy).

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, the Central Government hereby amends the Import Policy of fuels, incidental to the import of ship for ship breaking, under ITC (HS) code 27101930 and 27101940 of Chapter 27 of ITC (HS), 2012 – Schedule – 1 (Import Policy) as under:

ITC (HS) Code Item Existing Policy Existing Policy Condition Revised Policy Condition
27101930 High speed diesel (HSD) State Trading Enterprise Import as per Policy Condition (5) below. Import as per Policy Condition (5) below. However, import of HSD, brought on board in old ships / vessels which are meant for breaking, whether within vessel’s machinery/engine or outside (as remnant fuel) and is incidental to such ships / vessels, is "free".
27101940 Light diesel oil (LDO) State Trading Enterprise Import allowed through IOC subject to Para 2.11 of Foreign Trade Policy. Import allowed through IOC subject to Para 2.20 of Foreign Trade Policy (2015-20). However, import of LDO, brought on board in old ships / vessels which are meant for breaking, whether within vessel’s machinery/engine or outside (as remnant fuel) and is incidental to such ships / vessels, is "free".

2. Effect of this Notification: Import of High Speed Diesel (HSD) and Light diesel oil (LDO), brought on board in the old ships / vessels for purpose of breaking, and which are incidental to such ships / vessels, is “free”.

(Pravir Kumar)

Director General of Foreign Trade
E-mail: [email protected]
[Issued from File No.IPC/4/5/ (684)/97-02/PC-2 (A)]

       

DO YOU NEED HELP?







Get Sample Now

Which service(s) are you interested in?
 Export Data
 Import Data
 Both
 Buyers
 Suppliers
 Both
OR
 Exim Help
+


What is New?

Date: 23-02-2017
Central Excise Circular No. 1052/01/2017-CX
Classification of articles of paper and printing industry

Date: 23-02-2017
DGFT Notification No. 40/2015-2020
Amendment in Paragraph 4.34(i) of Chapter 4 of the Foreign Trade Policy (FTP) 2015-2020.

Date: 22-02-2017
DGFT Notification No. 39/2015-2020
Amendment in Para 4.44 of Chapter 4 of the Foreign Trade Policy(FTP) 2015-20

Date: 21-02-2017
DGFT Public Notice No. 59/2015-2020
Amendment in Chapter 2 of the Handbook of Procedure (2015-20)

Date: 20-02-2017
Service Tax Notification No. 08/2017 (ST)
Services by the operators of Common Effluent Treatment Plant by way of treatment of effluent from the 1st of July 2012 to 31st of March 2015

Date: 17-02-2017
DGFT Notification No. 38/2015-2020
Amendment in the list of Military Stores requiring NOC for export purpose.

Date: 16-02-2017
Customs Notification No. 12/2017 (NT)
Rate of exchange of conversion of the foreign currency with effect from 17th February, 2017

Date: 16-02-2017
Instruction
Periodicity of CAS-4 certificates-reg

Date: 16-02-2017
Service Tax Circular No. 204/2/2017–ST
Applicability of service tax on the services by way of transportation of goods by a vessel from a place outside India to the customs station in India w.r.t. goods intended for transshipment to any country outside India

Date: 16-02-2017
RBI/2016-17/233 A. P. (DIR Series) Circular No.31
Issuance of Rupee denominated bonds overseas – Multilateral and Regional Financial Institutions as Investors



Exim Guru Copyright © 1999-2017 Exim Guru. All Rights Reserved.
The information presented on the site is believed to be accurate. However, InfodriveIndia takes no legal responsibilities for the validity of the information.
Please read our Terms of Use and Privacy Policy before you use this Export Import Data Directory.

EximGuru.com

C/o Infodrive India
E-2, 3rd Floor, Kalkaji Main Road
New Delhi - 110019, India
Phone : 011 - 40703001