| Date: |
29-08-2018
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| Notification No: |
Notification No. 27/2015-2020
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| Issuing Authority: |
DGFT
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| Type: |
Notification
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| File No: |
F.No. 01/89/180/01/AM-19/PC-2(A) / e— 11101 |
| Subject: |
Amendment in import policy of biofuels
|
|
Government of India
Ministry of Commerce & Industry
Department of Commerce
Directorate General of Foreign Trade
Notification No. 27/2015-2020
New Delhi, Dated: 21st August, 2018
Subject: 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 bio-fuels under Chapter 22, 27 and 38 of ITC (HS), 2017, Schedule — I (Import Policy).
| Exin Code |
Item Description |
Present Policy |
Conditions |
Proposed Policy |
Proposed Policy Conditions |
| 2207 20 00 |
Ethyl alcohol and other spirits, denatured, of any strength. |
Free |
- |
Restricted |
Import is allowed only for non-fuel purposes subject to Actual User
condition. |
| 2710 20 00 |
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. |
| 3826 00 00 |
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.
(F.No. 01/89/180/01/AM-19/PC-2(A) / e— 11101)
(Alok Vardhan Chaturvedi)
Director General of Foreign Trade &
Ex- officio Addl. Secretary the Government of India
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