Amendment in import policy of biofuels

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Amendment in import policy of biofuels

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....e of powers conferred by Section 3 of FT (D&R) Act, 1992, read with paragraph 1.02 and 2.01 of the Foreign Trade Policy, 2015-2020, as amended from time to time, the Central Government hereby amends the import policy of biofuels under Chapter 22, 27 and 38 of ITC (HS), 2017, Schedule - I (Import Policy). Exim Code Item Description Present Policy Existing Policy Condition Revised Policy R....

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....rom bituminous minerals. Restricted Import is allowed only for non-fuel purposes subject to Actual User condition. Restricted - Effect of the Notification: Policy condition providing for free import of bio-fuels by actual users is deleted. Import policy of bio-fuels is "restricted" for all purposes and its import will require import licence from DGFT. This issues with the approval ....

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Amendment in import policy of biofuels