Amendment in import policy of fuels, incidental to the import of ship for ship breaking, under Chapter 27 of ITC (HS), 2012 – Schedule – 1 (Import Policy) - 07/2015-2020 - Foreign Trade Policy
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Import exemption for ship-breaking fuels: incidental HSD and LDO imports declared free, LDO via authorized channel. Import of High Speed Diesel (HSD) (ITC (HS) 2710 1930) and Light Diesel Oil (LDO) (ITC (HS) 2710 1940) that are brought on board old ships or vessels intended for breaking and are incidental to such ships or vessels - whether within machinery/engine or as remnant fuel - is declared free; HSD remains under State Trading Enterprise control and LDO imports continue through IOC with reference to the Foreign Trade Policy framework.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Import exemption for ship-breaking fuels: incidental HSD and LDO imports declared free, LDO via authorized channel.
Import of High Speed Diesel (HSD) (ITC (HS) 2710 1930) and Light Diesel Oil (LDO) (ITC (HS) 2710 1940) that are brought on board old ships or vessels intended for breaking and are incidental to such ships or vessels - whether within machinery/engine or as remnant fuel - is declared free; HSD remains under State Trading Enterprise control and LDO imports continue through IOC with reference to the Foreign Trade Policy framework.
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