Amendment in import policy of biofuels - 6/2015-2020 - Foreign Trade Policy

Government of India Ministry of Commerce Industry Department of Commerce Directorate General of Foreign Trade Udyog Bhawan Notification No. 6/2015-2020 New Delhi Dated 24 May, 2019 Subject: Amendment in import policy of biofuels. S.O. 1818 (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 Existing Policy Condition Revised Policy Revised Policy Condition 2207 20 00 Ethyl alcohol and other spirits denatured, of any strength. Restricted Import is allowed only for non-fuel purposes subject to Actual User condition. Restricted - 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. Restricted Import is allowed only for non-fuel purposes subject to Actual User condition. Restricted - 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. Restricted Import is allowed only for non-fuel purposes subject to Actual User condition. Restricted - Effect of the Notification: Policy condition providing for free import of bio-fuels by actual users is deleted. Import policy of bio-fuels is restricted for all purposes and its import will require import licence from DGFT. This issues with the approval of Minister of Commerce Industry. (Alok Vardhan Chaturvedi) Director General of Foreign Trade Ex-officio Addl. Secretary to the Govt. of India [F.No. 01/89/180/01/AM-19/PC-2(A)/e-11101] Note: The principal notification No. 36/2015-2020, dated the 17th January, 2017 was published in the Gazette of India, Extraordinary vide number S.O. 172 (E), dated the 17th January, 2017 and amended vide notification No. 27/2015-2020, dated the 21st August, 2018 was published in the Gazette of India, Extraordinary vide number S.O. 4054 (E), dated the 21st August, 2018.