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of <h1>India Updates Import Policy for Gasoline and Diesel; Only Specified Entities Permitted Under Chapter 27, ITC (HS) 2017.</h1> The Central Government has amended policy condition no. 5 of Chapter 27 of the ITC (HS), 2017, Schedule I (Import Policy). The amendment allows imports through a specified entity, subject to certain conditions outlined in the Foreign Trade Policy, except for companies granted rights for marketing transportation fuels as per a Ministry resolution from 2002. The revised policy specifies that imports of gasoline and automotive diesel fuel, excluding biodiesel, conforming to certain standards, are permitted by entities as per a 2019 resolution. This change is approved by the Minister of Commerce & Industry and is documented in the notification.
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