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        DGFT

        Amendment of policy condition of Crude Oil under HS Code 2709 00 10 - 80/2023 - Foreign Trade Policy

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        Exemption from State Trading Enterprise requirement permits re-export of petroleum crude from a commercial stockpile at own cost. The Export Policy for Petroleum Crude (ITC HS 27090010) is amended to exempt ADNOC Marketing International (India) RSC Limited from the State Trading Enterprise export-through-Indian-Oil requirement, allowing AMI to re-export crude from its Commercial Stockpile at the Mangalore Strategic Petroleum Reserve at its own cost.
                    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.

                          Exemption from State Trading Enterprise requirement permits re-export of petroleum crude from a commercial stockpile at own cost.

                          The Export Policy for Petroleum Crude (ITC HS 27090010) is amended to exempt ADNOC Marketing International (India) RSC Limited from the State Trading Enterprise export-through-Indian-Oil requirement, allowing AMI to re-export crude from its Commercial Stockpile at the Mangalore Strategic Petroleum Reserve at its own cost.


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