Import policy amendment permits specified non-biodiesel diesel and non-gasoline fuel imports by entities under MoPNG resolution. Amendment to policy condition no. 5 of Chapter 27 of ITC(HS), 2017 narrows the exception to IOC import permissions: gasoline conforming to IS 2796 is excluded from the general marketing-rights exception, while automotive diesel fuel not containing biodiesel and conforming to IS 1460 is permitted to be imported by entities pursuant to the Ministry of Petroleum & Natural Gas resolution, thereby implementing a Government Resolution and aligning the import policy with MoPNG directions under the Foreign Trade Policy and FT(D&R) Act.
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Import policy amendment permits specified non-biodiesel diesel and non-gasoline fuel imports by entities under MoPNG resolution.
Amendment to policy condition no. 5 of Chapter 27 of ITC(HS), 2017 narrows the exception to IOC import permissions: gasoline conforming to IS 2796 is excluded from the general marketing-rights exception, while automotive diesel fuel not containing biodiesel and conforming to IS 1460 is permitted to be imported by entities pursuant to the Ministry of Petroleum & Natural Gas resolution, thereby implementing a Government Resolution and aligning the import policy with MoPNG directions under the Foreign Trade Policy and FT(D&R) Act.
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