Gasoline Exports subject to 50% Quota to Domestic Market – CBIC Instructions to Customs Officials

·         No Guidelines on How to keep account of export Qty/Value and Domestic Obligation!

[CBIC Instruction No.11/2022-Customs dated 3 July 2022]

Subject:- Amendment in Export Policy of items under HS Codes 27101241, 27101242, 27101243, 27101244, 27101249, 27101941, 27101944 and 27101949 of Chapter 27 of Schedule 2 of the ITC (HS) Export Policy

Reference is invited to Notification No. 14/2015-2020 dated 30.06.2022 issued from Directorate General of Foreign Trade, Ministry of Commerce & Industry on the subject mentioned above (copy enclosed).

2. Vide this Notification, DGFT has amended the export policy of items (motor gasoline and gas oil) under HS Codes 27101241, 27101242, 27101243, 27101244, 27101249, 27101941, 27101944 and 27101949 of Chapter 27 of Schedule 2 of the ITC (HS) Export Policy. DGFT has now put in place certain conditions for export of items under the above mentioned HS Codes.

3. It is requested that necessary action may be taken to sensitize officers under your jurisdiction regarding the above mentioned amendment in Export Policy of motor gasoline and gas oil.

4. The difficulties, if any, in the implementation of this Instruction may be brought to the notice of the Board.

F.No. 401/46/2022-Cus-III