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Introducing the “In Favour Of” filter in Case Laws.
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of <h1>India Amends Export Policy: New Self-Declaration Requirement for Gasoline and Gas Oil Exporters Under Chapter 27.</h1> The Government of India has amended the export policy for motor gasoline and gas oil under specific HS Codes in Chapter 27 of the ITC (HS) Export Policy. Exporters must now submit a self-declaration to customs authorities confirming that a portion of the exported quantity will be supplied to the domestic market within the financial year. Exports to Bhutan and Nepal, as well as exports by 100% Export Oriented Units (EoUs) and Special Economic Zones (SEZs), are exempt from this condition. Exporters must also file quarterly returns with the Ministry of Petroleum and Natural Gas.
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