Exemption from the requirement of NOC for export of Kerosene and Liquified Petroleum Gas (LPG) by Indian Oil Corporation Ltd to Nepal & Bhutan - 50 (RE – 2013)/2009-2014 - Foreign Trade Policy

(To be Published in the Gazette of India Extraordinary Part-II, Section - 3, Sub-Section (ii)) Government of India Ministry of Commerce Industry Department of Commerce Udyog Bhawan Notification No 50 (RE 2013)/2009-2014 New Delhi, Dated : 11 November, 2013 Subject: Exemption from the requirement of NOC for export of Kerosene and Liquified Petroleum Gas (LPG) by Indian Oil Corporation Ltd to Nepal Bhutan. S.O.(E) - In exercise of the powers conferred by Section 5 of the Foreign Trade (Development Regulation) Act, 1992 (No.22 of 1992) read with Para 1.3 of the Foreign Trade Policy, 2009-2014 , the Central Government, with immediate effect, hereby re-notifies Chapter 27 of Schedule 2 of ITC(HS) Classification of Export and Import Items. 2. The existing entries in the Nature of Restriction against Sl. No. 114 Sl. No. 115 in Chapter 27 of Schedule 2 of ITC(HS) Classification of Export and Import Items are being substituted. Accordingly, the amended entries in Chapter 27 would be as follows: Chapter 27 Mineral Fuels; Mineral Oils and Products of their Distillation; Bituminous Substances; Mineral Waxes S. No. Tariff Item HS Code Unit Item Description Export Policy Nature of Restriction 113 27090000 Kg Crude Oil STE Export through Indian Oil Corporation Limited 114 27101910 Kg Kerosene Free Export allowed subject to obtaining NOC from Ministry of Petroleum Natural Gas. The above condition would not be applicable for export of Kerosene to Nepal Bhutan by the Indian Oil Corporation Ltd. 115 27111900 Kg Liquefied Petroleum Gas (LPG) Free Export allowed subject to obtaining NOC from Ministry of Petroleum Natural Gas. The above condition would not be applicable for export of Liquefied Petroleum Gas (LPG) to Nepal Bhutan by the Indian Oil Corporation Ltd. 3. Effect of this notification: Export of Kerosene and LPG to Nepal Bhutan by Indian Oil Corporation has been exempted from the requirement of NOC from Ministry of Petroleum Natural Gas. (Anup K. Pujari) Director General of Foreign Trade E-mail: [email protected] (Issued from F.No.01/91/180/204/AM14/Export Cell)