NOTIFICATION NO. 14/2022, DT. 30/06/2022
- Document type
- Circular
- Dated
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
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.
S.O. 2985(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 the 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 (HE) Export Policy.
| S.No. | HS Codes | Description | Export Policy | Policy Condition |
| 113A | 27101241 | 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 Petroleum and Natural Gas (MoPNG). |
| 27101242 | Motor gasoline conforming to standard IS 2796, IS 17021 or IS 17076 —E20 fuel conforming to standard IS 17021 | |||
| 27101243 | — Motor gasoline conforming to standard IS 2796,IS 17021, IS 17586 orIS 17076: — — E 12 fuel conforming to standard IS 17586 | |||
| 27101244 | — Motor gasoline conforming to standard IS 2796,IS 17021, IS 17586 or IS 17076: — — E 15 fuel conforming to standard IS 17586 | |||
| 27101249 | Motor gasoline conforming to standard IS 2796, IS 17021 or IS 17076 —M15 fuel conforming to standard IS 17076 | |||
| 113B | 27101941 | 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 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 Petroleum and Natural Gas (MoPNG). |
| 27101944 | Gas oil and oils obtained from gas oil: — – Automotive diesel fuel, not containing biodiesel, conforming to standard IS1460 | |||
| 27101949 | 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. Government of India
E-mail: dgft@nic.in
(Issued from Filo No. 01/91/180/21/AM18/ECNo1-11/E-18994)