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FOREIGN TRADE NOTIFICATION
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Body Notification No. 2/2023, Dated 1st April, 2023

Government of India

Ministry of Commerce and Industry

Department of Commerce

Directorate General of Foreign Trade

Vanijya Bhawan. New Delhi

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.

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 lS 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 ot Petroleum and Natural Gas (MoPNG).

2710 1242 Motor gasoline conforming to standard IS 2796, IS 17021 or IS 17076 ---- E 20 fuel conforming to standard IS 17021
2710 1243 --- Motor gasoline conforming to standard IS 2796, IS 17021, S 17586 or lS 17076: ---- E 12 fuel conforming to standard IS 17586
2710 12 44 --- Motor gasoline conforming to standard IS 2796, IS 17021, IS 17586 or lS 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 1941 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 1944 Gas oil and oils obtained from gas oil: --- Automotive diesel fuel, not containing biodiesel, conforming to standard IS 1460
2710 1949 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 Addl. Secretary to the Govt, of India

E-mail: dgft@nic.in

(Issued from File No. 01 /91 /180/21 /AM 18/EC/Vol-II/E-18994)