Tax Management India. Com
Law and Practice  :  Digital eBook
Research is most exciting & rewarding


  TMI - Tax Management India. Com
Follow us:
  Facebook   Twitter   Linkedin   Telegram

TMI Blog

Home

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

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... 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 reg Madam/Sir, Reference is invited to Notification No. 14/2015-2020 dated 30.06.2022 issued from Directorate General of Foreign Trade, Ministry of Commerce Industry on the subject mentioned above (copy enclosed). 2. Vide this Notification, DGFT has amended the export policy of items (motor gasoline and gas oil) under HS Codes 27101241, 27101242, 27101243, 27101244, 27101249, 27101941, 27101944 and 27101949 of Chapter 27 of Schedule 2 of the ITC (HS) Export Policy. DGFT has now put in place certain conditions for export of items under t .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... 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 current 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 Petr .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... urn 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 IS1460 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 incorporated against export of items under the above mentioned HS codes. (Santosh Kumar Sarangi) Director General of Foreign Trade Ex-Officio Additional Secretary, Govt. of India E-mail: dgft@nic.in (Issued from File No. 01/91/180/21/AM18/EC/Vol-ll/E-18994 .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

 

 

 

 

Quick Updates:Latest Updates