Amendment in import policy of biofuels.

17 Jun, 2019

Notification No. 6/2015-2020  Dated.  24th May 2019

Issued By. DGFT

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

Existing

Policy

Condition

Revised Policy

Revised

Policy

Condition

2207 20 00

Ethyl alcohol and other spirits, denatured, of and strength

Restricted

Import is allowed only for non-fuel purposes subject to Actual Use condition.

Restricted

 --

2710 20 00

Petroleum oils and oils obtained from bituminous Mineral (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 or 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 or 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.

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