Import of fuel under Advance Authorisation now requires specified fuel type and limits transfer to licensed fuel marketers. Amendment requires applicants under the Advance Authorisation scheme to specify the exact fuel type sought, permits fuel imports under Advance Authorisation, Paragraph 4.7 or Adhoc Norms, restricts transfer of DFIA/DFRC SION-based fuel entitlement to companies licensed to market fuel, excludes fuel from DEPB rate calculations, and allows exporters to seek fixation of a DEPB brand rate for the customs duty component on fuel via ANF 4C.
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Provisions expressly mentioned in the judgment/order text.
Import of fuel under Advance Authorisation now requires specified fuel type and limits transfer to licensed fuel marketers.
Amendment requires applicants under the Advance Authorisation scheme to specify the exact fuel type sought, permits fuel imports under Advance Authorisation, Paragraph 4.7 or Adhoc Norms, restricts transfer of DFIA/DFRC SION-based fuel entitlement to companies licensed to market fuel, excludes fuel from DEPB rate calculations, and allows exporters to seek fixation of a DEPB brand rate for the customs duty component on fuel via ANF 4C.
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