Biofuels
Import Shifted to Restricted List; Only Non Fuel Import Allowed
[Notification
No. 27/2015-2020 dated 21 August 2018]
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 Na 1 al bio-fuel Policy, 4 June 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 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 |
|
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. |
(F.No.
01/89/180/01/AM-19/PC-2(A) /e - 11101)