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Export Policy of Bio-fuels

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..... 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 export policy of biofuels under Chapter 27 of ITC (HS), 2018, Schedule - 2 (Export Policy). 2. New entries at Sl. No. 115A, 115B and 115C are inserted in Chapter 27 of Schedule 2 of ITC (HS) Classification of Export & Import Ite .....

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..... r containing less than 70% by weight of petroleum oils and oils obtained from bituminous minerals. Free Restricted Export is permitted under license only for non-fuel purposes 3. Effect of this Notification: Export Policy of bio-fuels is revised from 'Free' to 'Restricted' as per the National Policy on Biofuels-2018. Alok Vardhan Chaturvedi Director General of Foreign Trade .....

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