The DGFT vide Notification No. 14/2015-2020 dated June 30, 2022 has issued amendments in the Export Policy Condition of Chapter 27 of Schedule 2 of the ITC (HS) Export Policy under the Foreign Trade Policy 2015-2020 (“FTP”), in order to incorporate the Policy conditions for the export of Motor Gasoline and Gas Oils, in a following manner:
|
S. No. |
HS Codes | Description |
Export Policy |
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 Petroleum and Natural Gas (“MoPNG”). |
|
2710 12 42 |
Motor gasoline conforming to standard IS 2786, IS 17021 or IS 17076 – E20 fuel conforming to standard IS 17021 |
|||
|
2710 12 43 |
Motor gasoline conforming to standard IS 2796 IS 17021 IS 17566 or IS 17076: – E 12 fuel conforming to standard IS 17586 |
|||
|
2710 12 44 |
Motor gasoline conforming to standard IS 2796, IS 17021, IS 17586 or IS 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 |
|
S. No. |
HS Codes | Description | Export Policy |
Policy Condition |
|
113 B |
2710 19 41 |
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 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 |
The Notification can be accessed at: https://content.dgft.gov.in/Website/dgftprod/c5b5524c-515f-45d4-974a-15ac3b14afba/Notification%20No.14.pdf
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