Naphtha import permission permits import without licence subject to sale of return stream and allows power sector fuel use. Import of naphtha is permitted without a licence provided the importer sells the return stream of naphtha to crude oil refineries on commercial terms, may use the return stream as industrial feed stock for captive consumption, and must sell any balance to refineries. Import of naphtha is also permitted as fuel for the power sector by actual users in accordance with an issued Public Notice. ITC(HS) Exim Code 27100001.30 is amended to record the policy as Restricted with these conditions.
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.
Naphtha import permission permits import without licence subject to sale of return stream and allows power sector fuel use.
Import of naphtha is permitted without a licence provided the importer sells the return stream of naphtha to crude oil refineries on commercial terms, may use the return stream as industrial feed stock for captive consumption, and must sell any balance to refineries. Import of naphtha is also permitted as fuel for the power sector by actual users in accordance with an issued Public Notice. ITC(HS) Exim Code 27100001.30 is amended to record the policy as Restricted with these conditions.
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