India Amends Fuel Import Rules: Applicants Must Specify Fuel Type; DFIA Transfers Only to Licensed Companies.
The Government of India's Ministry of Commerce and Industry has amended the Handbook of Procedures regarding the import of fuel under the Advance Authorization and Duty-Free Import Authorization (DFIA) schemes. Applicants must specify the type of fuel they intend to import in their applications. Fuel imports are also allowed under Paragraph 4.7 related to Adhoc Norms. For DFIA, fuel import entitlements specified in the Standard Input Output Norms (SION) can only be transferred to companies licensed by the Ministry of Petroleum and Natural Gas to market fuel. This amendment aims to streamline fuel import procedures.
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