Amendments in Export Policy of Biofuels under Chapter 27 of Schedule 2 (Export Policy) ITC (HS) classification of Export and Import – 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.
MINISTRY OF COMMERCE AND INDUSTRY
(Department of Commerce)
(DIRECTORATE GENERAL OF FOREIGN TRADE)
Notification No. 62/2015-2020-DGFT | Dated: 22nd March, 2023
Subject : Amendments in Export Policy of Bio-fuels under Chapter 27 of Schedule 2 (Export Policy) ITC (HS) classification of Export and Import.
S.O. 1390(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 | 220720 00 | 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 Biofuel from Special Economic Zones (SEZ)/ |
| 115B | 2710 20 00 | 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 | 3826 00 00 | 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.
[F. No. 01/91/180/21/AM-18/EC]
SANTOSH KUMAR SARANGI, Director General of Foreign Trade
& Ex-officio Addl. Secy.
