Circular No.ES/168/2018-19 August 23, 2018
To: Members of the Council
|
Sub.: |
Amendment of Import Policy of biofuels |
Dear Member,
O/o DGFT has issued Notification No. 27/2015-2020 dated 21st August, 2018 by amending the import policy of biofuels under Chapter 27 relating to Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes and Chapter 38 relating to Miscellaneous Chemical Products covered under ITC (HS), 2017, Schedule - I (Import Policy).
Relevant extract of the Notification is given here- below-
|
Exim Code |
Item Description |
Present Policy |
Policy Conditions |
Proposed Policy |
Proposed Policy conditions |
|
2710 20 00 |
Petroleum oils and oils obtained from bituminous minerals (other than crude) and preparations not elsewhere specified or included, containing be 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.. |
Members may kindly make a note of the above.
Thanking you,
Yours faithfully,
S. BALARAJU
EXECUTIVE DIRECTOR
