https://www.taxtmi.com/article/detailed?id=8003 The note emphasises that crude oil imports are undertaken by firms (not individuals) and prospective importers must secure necessary governmental consents and sectoral permissions. It requires pre import quality compliance, including independent SGS laboratory testing and confirmation that crude meets refinery specifications (carbon/hydrogen balance, sulphur, metals, oxygen and nitrogen limits), because refineries accept and price cargoes according to those parameters; substantial infrastructure and capital requirements affect feasibility. en-us Mon, 14 May 2018 06:11:17 +0530 Wed, 11 Feb 2026 15:57:44 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=8003 The note emphasises that crude oil imports are undertaken by firms (not individuals) and prospective importers must secure necessary governmental consents and sectoral permissions. It requires pre import quality compliance, including independent SGS laboratory testing and confirmation that crude meets refinery specifications (carbon/hydrogen balance, sulphur, metals, oxygen and nitrogen limits), because refineries accept and price cargoes according to those parameters; substantial infrastructure and capital requirements affect feasibility. Articles Customs - Import - Export - SEZ Mon, 14 May 2018 06:11:17 +0530 https://www.taxtmi.com/article/detailed?id=8003