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CHEMEXCIL
Basic Chemicals, Cosmetics & Dyes Export Promotion Council
(Set-up by Ministry of Commerce and Industry, Govt of India)
Jhansi Castle, 4th Floor, 7 Cooperage Road, Mumbai - 400 001.India.
Tel : +91 22 22021288 / * Fax : +91 22 22026684
* E-mail : info@chemexcil.gov.in Web : https://chemexcil.gov.in
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EPC/LIC/DGFT/Import
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23/08/2018
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ALL THE MEMBERS OF THE COUNCIL
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DGFT
Amendment in import policy of biofuels
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Dear Members,
The O/o Directorate General of Foreign Trade (DGFT), New Delhi has issued Notification no. 27/2015-20 dated 21/08/2018 regarding amendment in import policy of biofuels under Chapter 22, 27 and 38 of ITC (HS), 2017, Schedule — I (Import Policy).
For the convenience of the members, the amendments in import policy of Bio-fuels as per above notification, are highlighted as follows:
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Exim Code
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Item Description
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Present Policy
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Policy Conditions
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Proposed Policy
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Proposed Policy Conditions
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22072000
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Ethyl alcohol and other spirits, denatured,of any strength.
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Free
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-
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Restricted
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Import is allowed only for non-fuel purposes subject to Actual User condition.
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27102000
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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.
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Free
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-
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Restricted
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Import is allowed only for non-fuel purposes subject to Actual User Condition.
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38260000
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Biodiesel and mixtures thereof, not containing or containing less than 70% by weight of petroleum oils and oils obtained from bituminous minerals.
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Free
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Restricted
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Import is allowed only for non-fuel purposes subject to Actual User condition.
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As an effect of the Notification, the Import Policy of bio-fuels has revised from 'Free' to 'Restricted' and allowed for non-fuel purpose on Actual user basis as per the National bio-fuel Policy, 4 June 2018.
Members are requested to take note of this amendment and do the needful accordingly. The above said notification is available for reference using below link-
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S.No.
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Notification No.
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Subject
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Date
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Details
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1
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27/2015-20
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Amendment in import policy of biofuels
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21/08/2018
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Download (262.7 KB)
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http://dgft.gov.in/sites/default/files/Notification%20No-27%28E%29.pdf
Thanking you.
Yours faithfully,
S.G BHARADI
EXECUTIVE DIRECTOR
CHEMEXCIL
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