Subject: Amendment in import policy of biofuels.
In exercise 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.
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 of Minister of Commerce & Industry.
(Alok Vardhan Chaturvedi)
Director General of Foreign Trade &
Ex-officio Additional Secretary, Government of India
E-mail: dgft@nic.in
(F.No. 01/89/180/01/AM-19/PC-2(A)/e - 11101)
Note: The principal notification No. 36/2015-2020, dated the 17th January, 2017 was published in the Gazette of India, Extraordinary vide number S.O. 172 (E), dated the 17th January, 2017 and amended vide notification No. 27/2015-2020, dated the 21st August, 2018 was published in the Gazette of India, Extraordinary vide number S.O. 4054 (E), dated the 21st August, 2018.