Subject: Export Policy of Bio-fuels.
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 export policy of biofuels under Chapter 27 of ITC (HS), 2018, Schedule - 2 (Export Policy).
2. New entries at SI. No. 115A, 115B and 115C are inserted in Chapter 27 of Schedule 2 of ITC (HS) Classification of Export & Import Items as follows:
3. Effect of this Notification:
Export Policy of bio-fuels is revised from 'Free to 'Restricted' as per the National Policy on Biofuels - 2018.
(Alok Vardhan Chaturvedi)
Director General of Foreign Trade &
Ex- officio Addl. Secretary to the Government of India
E-mail: dgft@nic.in
(Issued from F.No. 01/91/180/21/AM-18/EC)