Notification No. 02/2023-DGFT Dated: 1st April, 2023 – Amendment in Export Policy of items (Motor gasoline, Gas oil, Diesel fuel) under HS Codes 27101241, 27101242, 27101243, 27101244, 27101249, 27101941, 27101944 and 27101949 of Chapter 27 of Schedule 2 of the ITC (HS) Export Policy.
Government of India
Ministry of Commerce & industry
Department of Commerce
Directorate General of Foreign Trade
Vanijya Ithawan, New Delhi
Notification No. 02/2023-DGFT | Dated: 1st April, 2023
Subject: – Amendment in Export Policy of items under HS Codes 27101241, 27101242, 27101243, 27101244, 27101249, 27101941, 27101944 and 27101949 of Chapter 27 of Schedule 2 of the ITC (HS) Export Policy.
S.O. 1587(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 the Policy Condition of items under HS Codes 27101241, 27101242, 27101243, 27101244, 27101249, 27101941. 27101944 and 27101949 of Chapter 27 of Schedule 2 of the ITC (HS) Export Policy:
S.No. | HS Codes | Description | Export Policy | Policy Condition |
113A | 2710 12 41 | Motor gasoline conforming to standard IS 2796, IS 17021 or IS 17076 — Motor gasoline conforming to standard IS 2796 | Free | The exporter is required to submit a self — declaration to the concerned Customs authority at the time of export confirming that 50% of quantity mentioned in the Shipping Bill has been/will be supplied in the domestic market during the relevant financial year.However, export to Bhutan and Nepal is exempted from this condition. Similarly, this condition is not applicable to 100% EoUs and units in SEZs. Such exporters are also required to file a quarterly return to the Ministry of Petroleum and Natural Gas (MoPNG). |
2710 12 42 | Motor gasoline conforming to standard IS 2796, IS 17021 or IS 17076 —E 20 fuel conforming to standard IS 17021 | |||
2710 12 43 | — Motor gasoline conforming to standard IS 2796, IS 17021, IS 17586 or IS 17076: —- E 12 fuel conforming to standard IS 17586 | |||
2710 12 44 | — Motor gasoline conforming to standard IS 2796, IS 17021, IS 17586 or IS 17076: —- E 15 fuel conforming to standard IS 17586 | |||
2710 12 49 | Motor gasoline conforming to standard IS 2796, IS 17021 or IS 17076 —M15 fuel conforming to standard IS 17076 | |||
113B | 2710 19 41 | Gas oil and oils obtained from gas oil:
Gas Oil |
Free | The exporter is required to submit a self — declaration to the concerned Customs authority at the time of export confirming that 30% of quantity mentioned in the Shipping Bill has been/ will be supplied in the domestic market during the relevant financial year. However, export to Bhutan and Nepal is exempted from this condition. Similarly, this condition is not applicable to 100% EoUs and units in SEZs. Such exporters are also required to file a quarterly return to the Ministry of Petroleum and Natural Gas (MoPNG). |
2710 19 44 | Gas oil and oils obtained from gas oil: —
– Automotive diesel fuel, not containing biodiesel, conforming to standard 151460 |
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2710 19 49 | Gas oil and oils obtained from gas oil: —
– High flash high speed diesel fuel conforming to standard IS 16861 |
2. Effect of this Notification:
Policy condition amended to the extent of replacing ‘current financial year’ with ‘relevant financial year’ against export of items under the above mentioned HS codes.
(Santosh Kumar Sarangi)
Director General of Foreign Trade
Ex-Officio Additional Secretary, Government of India
E-mail: [email protected]
(Issued from File No. 01/91/180/21/AM18/ECNo1-11/E-18994)