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<h1>India Updates Import Policy: Petroleum Bitumen Now Freely Importable Under EXIM Code 27132000, Enhancing Trade Flexibility.</h1> The Central Government has amended the 'ITC (HS) Classifications of Export and Import Items 1997-2002' under the Foreign Trade Policy. Specifically, the policy for importing Petroleum Bitumen, classified under EXIM Code 27132000, has been updated to allow free import. This change is made under the powers granted by the Foreign Trade (Development and Regulation) Act, 1992, and is intended to serve the public interest. The notification is issued by the Director General of Foreign Trade and Ex-Officio Additional Secretary to the Government of India.