NOTIFICATION NO. 62/2022, DT. 22/03/2023
Amendments in Export Policy of Bio-fuels under Chapter 27 of Schedule 2 (Export Policy) ITC (HS) classification of Export and Import.
S.O. (E). In exercise of powers conferred by Section 3 read with section 5 of the Foreign Trade (Development & Regulation) Act, 1992 (No. 22 of 1992), as amended, read with Para 1.02 and 2.01 of the Foreign Trade Policy, 2015-20, the Central Government hereby amends Notification No. 29/2015-20 dated 28.08.2018.
2. The revised policy conditions of Bio-Fuels under Sl. No. 115A, 115B and 115C under Chapter 27 of Schedule 2 of ITC (HS) Classification of Export Import Items will be as follows:
|
S.No. |
Tariff Item HS Code |
Unit |
Item Description |
Present Policy |
Present Policy Condition |
Revised Policy Condition |
|
115A |
22072000 |
Kg/u |
Ethyl alcohol and other spirits, denatured, of any strength. |
Restricted |
Export is permitted under license only for non-fuel purposes. |
Export is permitted under license only for non-fuel purposes. However, Export of Biofuel from Special Economic Zones (SEZ)/ Export Oriented Units (EoUs), are allowed for Fuel as well as Non-Fuel purposes without any restriction when produced using only imported feed stock. |
|
115B |
27102000 |
Kg/u |
Petroleum oils and oils obtained from bituminous minerals (other than crude) and preparations not elsewhere specified or included, containing by weight 70% or more of petroleum oils or of oils obtained from bituminous minerals, these oils being the basic constituents of the preparations, containing biodiesel, other than waste oils. |
Restricted |
Export is permitted under license only for non-fuel purposes |
Export is permitted under license only for non-fuel purposes. However, Export of Biofuel from Special Economic Zones (SEZ)/ Export Oriented Units (EoUs), are allowed for Fuel as well as Non-Fuel purposes without any restrictions when produced using only imported feed stock. |
|
115C |
38260000 |
Kg/u |
Biodiesel and mixtures thereof, not containing or containing less than 70 % by weight of petroleum oils and oils obtained from bituminous minerals. |
Restricted |
Export is permitted under license only for non-fuel purposes |
Export is permitted under license only for non-fuel purposes. However, Export of Biofuel from Special Economic Zones (SEZ)/ Export Oriented Units (EoUs), are allowed for Fuel as well as Non-Fuel purposes without any restriction when produced using only imported feed stock. |
3. Effect of this Notification:
The Notification No. 29/2015-20 dated 28.08.2018 is amended to the extent that Export of Biofuel from Special Economic Zones (SEZ)/Export Oriented Units (EoUs), are allowed for Fuel as well as Non-Fuel purposes without any restriction when produced using only imported feed stock.
SANTOSH KUMAR SARANGI,
Director General of Foreign Trade &
Ex-officio Additional Secretary to the Government of India
E-mail:dgft@nic.in
[F. No. 01/91/180/21/AM-18/EC]
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